New Rental Rules: Authorities Want to Keep All Income from Property
The document contains an initiative to implement a new procedure for distributing income from the rental of state property.
The main change is that all funds from rentals will remain with the asset holders.
These funds are planned to be used for maintenance, repair, and improvement of the condition of the facilities, as well as for strengthening the material and technical base.
According to the justification, the existing mechanism for distributing income is proving to be ineffective: asset holders are not actually receiving the funds due to them, which leads to a lack of interest in renting out vacant spaces.
As a result, a significant number of properties remain in demand, and rental income does not exceed 200–300 million soms per year.
Additionally, the draft introduces changes to the rules for leasing land plots. In particular, plots will be allocated directly for the installation of charging stations for electric vehicles, as well as to economic entities where the state or municipalities own more than 50% of the shares.
Amendments for technoparks are also being considered, which would allow them to lease state property directly and then rent it out to residents on preferential terms—without the mandatory use of standard contract forms and without a commercial markup, aside from taxes and utility costs.
The changes also relate to the rules for extending leases. The authorities propose to effectively abolish the mechanism of "eternal leases": long-term contracts concluded as a result of auctions or directly can only be extended once for three years, after which the property must be put up for auction again.
The draft also clarifies the deadlines for paying rent, returning security deposits, grounds for terminating leases, and the possibility of mandatory insurance of the leased property at the tenant's expense.
The initiators of the changes emphasize that their goal is to reduce bureaucracy, increase the efficiency of state property use, and create financial incentives for asset holders to engage idle spaces in economic circulation.
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