Uzbekistan, Tashkent – AN Podrobno.uz. During renovation, property owners often try to secure the most favorable compensation terms. One of the most common questions is whether it is possible to refuse the offered housing and demand a premium-class apartment. Let's examine what the legislation provides in such a situation.
First of all, the law is based not on the category of housing that the owner would like to receive, but on the principle of fair compensation for the value of the seized property and the scope of property rights. Therefore, the mere demand for a premium apartment is not mandatory to fulfill.
However, this does not mean that the characteristics of the previous housing are irrelevant. If the seized apartment itself belongs to the premium segment—for example, has a high market value, is located in a prestigious area, features a large area and high-quality finishes—all these parameters must be taken into account when determining compensation.
In other cases, obtaining a premium apartment is possible only by agreement of the parties. For instance, the owner may pay the difference in cost, or such an option may be provided for by a separate agreement.
Thus, during renovation, it is not housing of a certain class that is guaranteed, but fair compensation corresponding to the value of the seized property and the owner's rights.
Recall that earlier Podrobno.uz examined whether it is possible to demand housing abroad instead of compensation during renovation, as well as in what cases the owner is entitled to additional compensation if the new apartment turns out to be cheaper than the previous one.
For more details, see our VIDEO.
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Source: podrobno.uz