Georgia

Registering Property in

Georgia

Listed below is a detailed summary of the steps, time and cost involved in registering property, assuming a standardized case of an entrepreneur who wants to purchase land and a building that is already registered and free of title dispute.

The information appearing on this page was collected as part of the Doing Business project, which measures and compares regulations relevant to the life cycle of a small- to medium-sized domestic business in 183 economies. The most recent round of data collection for the project was completed in June 2011.

  • Standard Property Transfer

  • Property Value: GEL 231,061.24
  • City: Tbilisi

About This Topic

To see indicator data for all economies, see the Registering Property page. To see how economies rank, see the Rankings page.

No. Procedure Time to Complete Associated Costs
1 Register the purchaser’s title with the district Public Registry

The sale purchase agreement is not required to be notarized, as of the amended Civil Code of March 2007, clause 183. The extract can be obtained online prior to the visit to the Registry or the clerks can check it through their databases on the spot.

The new online business registry launched in 2007-2008 by the Georgian National Agency of Public Registry (NAPR) is widely used. Registration fees may be paid at any commercial bank in Georgia. If registration is completed at NAPR, one can make the payment with a bank representative, who is always present at every registering office. If registration is conducted by an authorized user (Bank -JSC Liberty Bank (former People's Bank), notary, real estate company) the registration fee is paid online.

All properties in Tbilisi have been being systematically transferred into the electronic database. All the system operations are fully informatized, including Old Bureau of Technical Inventory files that have been scanned.

The Public Registry NAPR may take up to 4 business days following the date of filing to conduct registration and issue an Ownership Certificate.


The documentation shall include:
1) Sale and Purchase agreement
2) Copy of ID document of seller and buyer
3) Receipt confirming payment of Public Registry registration fee.

It is also possible to submit the transaction at one of the 500 authorized users. These can be banks, notaries or real estate companies. These entities can verify the transaction and submit the purchase and sale agreement to the National Public Registry. The employees dealing with these transactions receive a training provided by the National Public Registry and a memorandum is signed between the National Public Registry and the entity. The most commonly used authorized users are banks.

The authorized entity receiving the application will verify the identity of the buyer and seller, as well as the ownership of the property. Once the information is submitted though a specific software, the National public registry employee will verify again the ownership and the existence of the individuals (in the Civil registry database that they can access electronically) and process the transfer. Another software is used at this stage.

Georgian legislation provides for the possibility of accelerated proceedings, therefore if the buyer wishes to register property transfer on the same day of submission of all necessary documents, the fee is respectively GEL 200. If registration is carried out on the day following the day of submission, the fee totals to GEL 150. GEL 50 is a fee paid for ordinary registration procedures, which take 4 business days following the submission of all required documents to the Public Registry. The payment is done at any commercial bank.

The 2% Immovable Property Transfer Tax has been abolished with the introduction of the new Land Code of Georgia. It has been replaced by the “Income Tax” for physical persons, and the “Profit Tax” for legal entities. These are capital gains taxes. A new Tax Code, adopted in 2010 specifies the income taxes in cases of property transfer (cell of property). It is applied only if sell of property takes place within 2 years after its purchase and equals to: (a) 20% of the difference between sell and purchase price for physical persons, and (b) 15% - for legal persons/legal entities.

Agency: National Public Registry 		2 days Expedited procedure: 1 business day - 150 GEL; regular procedure (4 business days) is 50 GEL
Explore Economy Data