International Legal and Economic Aspects of Real Estate Turnover in the EAEU Member States

Abstract

The article analyzes the current state of the civil circulation of real estate within the Eurasian Economic Union as a supranational formation, examines the legal basis for the international turnover of real estate, as well as identifies legal problems.Aim. Suggest the best ways to solve the problems of international turnover of real estate within the Eurasian Economic Union.Tasks. To determine the legal basis for the regulation of international turnover of real estate within the EAEU, to analyze the state of the real estate market within the EAEU, as well as to identify legal problems that hinder the development of these social relations.Methods. In this research we used methods of comparative law, methods of analysis and synthesis, as well as methods of deduction and induction.Results. In the course of the research the authors conclude that there are some problematic aspects of both national and international regulation in the field of international real estate transactions. These problems are expressed in the absence of uniform norms governing the procedure for certifying real estate transactions, as well as in the absence of a unified legal mechanism for such transactions.Conclusion. As a result of analysis of problems of current legislation, the authors propose ways to solve them by creating a uniform (unified) rules in the field of notarization of real estate transactions within the Eurasian Economic Union.