The 'Law on Real Estate Activities' has entered into force in Uzbekistan, having been approved on August 7, and is intended to regulate relations in the field of real estate services.
The 'Law on Real Estate Activities' has entered into force in Uzbekistan, having been approved on August 7, and is intended to regulate relations in the field of real estate services.
The State Agency for Management of State Assets has been appointed as the state body responsible for supervision in this area. Under the new legislation, real estate agents are now required to operate within a registered real estate organization and possess a qualified barcode certificate.
This certificate is issued by a professional public association after the specialist completes training and successfully passes the relevant examination. The right of real estate organizations and agencies to provide services arises after the data on these structures is entered into the Unified Register.
The law clearly regulates several types of activities that can be performed by real estate agents. These include intermediation in concluding transactions involving real estate and its rights, as well as organizing the trade of such properties.
Services for entrusted management of real estate objects are also provided, along with providing consulting, informational, and advertising services in the housing market.
In addition, the implementation of a multilisting system is planned in the sector. This system will be developed by the private sector and will allow real estate services to be provided under urgent contracts using a 'one-stop-shop' model, guaranteeing secure electronic data exchange.
Joint Stock Company 'Tashkent Invest', which is under the control of the capital's hokimiyat, has acquired significant new powers and rights, confirming its status as a major owner of urban real estate.
The company will create a so-called 'apartment bank'. This bank is intended for providing housing for rent and making compensation payments to owners of property located in renovation zones. The acquisition of residential and non-residential premises for this purpose will be carried out through a request for proposals, using funds from the Tashkent Development Fund and other authorized sources.
In addition, 'Tashkent Invest' will take on the role of the client when implementing market sites. State shares in these markets, which will be put up for public auction, will come under the management of this company. Furthermore, in the fourth point of the document, the company was granted exclusive rights to certain land plots, although the document does not reflect tasks regarding increasing transparency and accountability in connection with the expansion of its powers.
A new procedure for national anti-corruption certification has been approved in Uzbekistan. According to this regulation, state structures, budgetary institutions, and companies with a state participation share exceeding 50% will undergo checks.
This system is designed to determine the effectiveness of institutions in preventing corruption and adhering to transparency principles. The Anti-Corruption Agency is responsible for implementing and realizing the certification. Checks will be carried out in stages, starting with organizations where a high level of corrupt practices was previously recorded, the number of crimes increased, or a large number of appeals from citizens were received.
During the assessment, specialists thoroughly study the organization's openness and the structure of its corruption risk management system. Compliance with service ethics norms, mechanisms for preventing conflicts of interest, and the effectiveness of internal anti-corruption units are also checked. Certification can be conducted either remotely or by visiting the site, with the maximum duration of the inspection being fourteen working days.
The results of the assessment are recorded on a 100-point scale. Organizations scoring between 81 and 100 points receive a 'good' status and a certificate valid for three years. If the result falls in the range of 55 to 80 points, the institution is given one month to rectify the identified shortcomings, after which it can also apply for the certificate.
If less than 55 points are scored or if the discovered violations cannot be rectified within the established period, the organization is considered to have failed the certification. Until the full launch of the new system, this status will serve as grounds for suspending the payment of incentive bonuses to the leadership of these structures. The new regulation came into effect on July 25, 2026. It should be noted that previously, about 30 employees in the capital's khokimiyats were found engaged in corrupt activities.
