Registration of property rights on real estates that represent the liquidation surplus

• The company’s assets consists of, among other things, real estates owned by the company.
• During the voluntary liquidation procedure, the assets of the company which remain after the settlement of all liabilities of the company, represent the liquidation surplus.
• The liquidation surplus belongs to the members of the company.
• The allocation of liquidation surplus to the members of the company is determined by the resolution of the company assembly (hereinafter: The resolution).
• The resolution, that doesn’t have to be notarized, is submitted with other necessary documentation to the Serbian Business Registers Agency, in order to render a decision on deleting the company from The Register of Companies.
• After the decision of the Serbian Business Registers Agency on deleting the company from The Register of Companies is made, the registration of property rights in favor of persons (members of the company) who have acquired real estate by The resolution, is carried out on the basis of the submitted request to the competent Real Estate Cadastre Office.
• The documentation that has to be submitted with the request for registration of property rights consists of: The resolution, Decision of the Serbian Business Registers Agency on deleting the company from the The Register of Companies and scanned identity card of the applicant.

Therefore, the request for the registration of property rights based on The resolution is submitted after the company is deleted from The Register od Companies with the above-mentioned documentation, with a special note that The resolution doesn’t have to be notarized, although it has real estates for the subject.

This text doesn’t represent the legal advice, but the opinion of the author.