Armenia : Title Registration Project
This approach resulted in the fragmentation of agricultural holdings, with families owning noncontiguous plots. Land use was inefficient, owing in part to the low rate of use of agricultural machinery. Making land use and farming more efficient wil...
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| Format: | Brief |
| Language: | English |
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World Bank, Washington, DC
2012
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| Online Access: | http://documents.worldbank.org/curated/en/2008/02/9440125/armenia-title-registration-project http://hdl.handle.net/10986/9539 |
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okr-10986-95392021-04-23T14:02:45Z Armenia : Title Registration Project Adlington, Gavin Saxen, Anu ACTIVE MARKET AGRICULTURAL LAND BANKING CRISIS BANKS CADASTRAL AGENCY CADASTRE CAPACITY BUILDING COLLABORATIVE PROGRAM COLLATERAL COMMUNITIES COMMUNITY SURVEYS CONSTRUCTION CONTRIBUTIONS CUSTOMER SATISFACTION ECONOMIC GROWTH EQUIPMENT FAMILIES FARMERS FINANCIAL VIABILITY GENDER HOLDINGS IMMOVABLE PROPERTIES IMMOVABLE PROPERTY INCOME INSURANCE INTEREST RATES INTERNATIONAL STANDARDS LAND MARKET LAND OWNERSHIP LAND PARCELS LAND POLICY LAND REFORM LAND REGISTRATION LAND USE LEGAL FRAMEWORK LENDERS MARKET REFORM MARKET TRANSACTIONS MORTGAGE MORTGAGE FINANCING MORTGAGES PRIVATE PROPERTY PRODUCTIVITY PROPERTY AS COLLATERAL PROPERTY MARKET PROPERTY MARKETS PROPERTY OWNERS PROPERTY OWNERSHIP PROPERTY RIGHTS PROPERTY TAX PROPERTY TAXES PUBLIC LAND RAPID GROWTH REAL ESTATE REAL ESTATE AGENTS REAL ESTATE DEVELOPMENT REAL ESTATE TRANSACTIONS REAL PROPERTY REGISTRATION FEES REGISTRATION SYSTEM RURAL DEVELOPMENT SAVINGS SECURE PROPERTY RIGHTS TAX TAXATION TITLE REGISTRATION TRANSACTION TRANSACTION COSTS TRANSACTION FEES TRANSITION ECONOMIES TRUST FUND URBAN AREAS URBAN REAL ESTATE MARKETS USER FEES This approach resulted in the fragmentation of agricultural holdings, with families owning noncontiguous plots. Land use was inefficient, owing in part to the low rate of use of agricultural machinery. Making land use and farming more efficient will require the establishment of a functioning land market. Granting farmers the right to sell, exchange, and lease their land will enable them to use it as collateral and to consolidate family plots. The overall aim of the Armenia Title Registration Project was to promote private sector development by implementing a transparent, parcel-based, easily accessible, and reliable registration system for land and other immovable property. The system was to provide a chronological record of property owners and their rights and obligations. The availability of this information was expected to reduce the transaction costs of title transfers and mortgage financing and lead to more secure property rights for parcels registered in the system. This in turn was expected to lead to higher land and real estate value, increased productivity, and the consolidation of fragmented rural land ownership. Increased use of property as collateral was expected to bring about general improvement in the efficiency of rural and urban real estate markets. The project was also intended to promote least-cost registration procedures by building on existing property information databases (adding only market-relevant information to these databases), and by contracting private surveyors. 2012-08-13T08:54:17Z 2012-08-13T08:54:17Z 2008-02 http://documents.worldbank.org/curated/en/2008/02/9440125/armenia-title-registration-project http://hdl.handle.net/10986/9539 English Agricultural and Rural Development Notes; Note No. 39 CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank World Bank, Washington, DC Publications & Research :: Brief Publications & Research Armenia |
| repository_type |
Digital Repository |
| institution_category |
Foreign Institution |
| institution |
Digital Repositories |
| building |
World Bank Open Knowledge Repository |
| collection |
World Bank |
| language |
English |
| topic |
ACTIVE MARKET AGRICULTURAL LAND BANKING CRISIS BANKS CADASTRAL AGENCY CADASTRE CAPACITY BUILDING COLLABORATIVE PROGRAM COLLATERAL COMMUNITIES COMMUNITY SURVEYS CONSTRUCTION CONTRIBUTIONS CUSTOMER SATISFACTION ECONOMIC GROWTH EQUIPMENT FAMILIES FARMERS FINANCIAL VIABILITY GENDER HOLDINGS IMMOVABLE PROPERTIES IMMOVABLE PROPERTY INCOME INSURANCE INTEREST RATES INTERNATIONAL STANDARDS LAND MARKET LAND OWNERSHIP LAND PARCELS LAND POLICY LAND REFORM LAND REGISTRATION LAND USE LEGAL FRAMEWORK LENDERS MARKET REFORM MARKET TRANSACTIONS MORTGAGE MORTGAGE FINANCING MORTGAGES PRIVATE PROPERTY PRODUCTIVITY PROPERTY AS COLLATERAL PROPERTY MARKET PROPERTY MARKETS PROPERTY OWNERS PROPERTY OWNERSHIP PROPERTY RIGHTS PROPERTY TAX PROPERTY TAXES PUBLIC LAND RAPID GROWTH REAL ESTATE REAL ESTATE AGENTS REAL ESTATE DEVELOPMENT REAL ESTATE TRANSACTIONS REAL PROPERTY REGISTRATION FEES REGISTRATION SYSTEM RURAL DEVELOPMENT SAVINGS SECURE PROPERTY RIGHTS TAX TAXATION TITLE REGISTRATION TRANSACTION TRANSACTION COSTS TRANSACTION FEES TRANSITION ECONOMIES TRUST FUND URBAN AREAS URBAN REAL ESTATE MARKETS USER FEES |
| spellingShingle |
ACTIVE MARKET AGRICULTURAL LAND BANKING CRISIS BANKS CADASTRAL AGENCY CADASTRE CAPACITY BUILDING COLLABORATIVE PROGRAM COLLATERAL COMMUNITIES COMMUNITY SURVEYS CONSTRUCTION CONTRIBUTIONS CUSTOMER SATISFACTION ECONOMIC GROWTH EQUIPMENT FAMILIES FARMERS FINANCIAL VIABILITY GENDER HOLDINGS IMMOVABLE PROPERTIES IMMOVABLE PROPERTY INCOME INSURANCE INTEREST RATES INTERNATIONAL STANDARDS LAND MARKET LAND OWNERSHIP LAND PARCELS LAND POLICY LAND REFORM LAND REGISTRATION LAND USE LEGAL FRAMEWORK LENDERS MARKET REFORM MARKET TRANSACTIONS MORTGAGE MORTGAGE FINANCING MORTGAGES PRIVATE PROPERTY PRODUCTIVITY PROPERTY AS COLLATERAL PROPERTY MARKET PROPERTY MARKETS PROPERTY OWNERS PROPERTY OWNERSHIP PROPERTY RIGHTS PROPERTY TAX PROPERTY TAXES PUBLIC LAND RAPID GROWTH REAL ESTATE REAL ESTATE AGENTS REAL ESTATE DEVELOPMENT REAL ESTATE TRANSACTIONS REAL PROPERTY REGISTRATION FEES REGISTRATION SYSTEM RURAL DEVELOPMENT SAVINGS SECURE PROPERTY RIGHTS TAX TAXATION TITLE REGISTRATION TRANSACTION TRANSACTION COSTS TRANSACTION FEES TRANSITION ECONOMIES TRUST FUND URBAN AREAS URBAN REAL ESTATE MARKETS USER FEES Adlington, Gavin Saxen, Anu Armenia : Title Registration Project |
| geographic_facet |
Armenia |
| relation |
Agricultural and Rural Development Notes; Note No. 39 |
| description |
This approach resulted in the
fragmentation of agricultural holdings, with families owning
noncontiguous plots. Land use was inefficient, owing in part
to the low rate of use of agricultural machinery. Making
land use and farming more efficient will require the
establishment of a functioning land market. Granting farmers
the right to sell, exchange, and lease their land will
enable them to use it as collateral and to consolidate
family plots. The overall aim of the Armenia Title
Registration Project was to promote private sector
development by implementing a transparent, parcel-based,
easily accessible, and reliable registration system for land
and other immovable property. The system was to provide a
chronological record of property owners and their rights and
obligations. The availability of this information was
expected to reduce the transaction costs of title transfers
and mortgage financing and lead to more secure property
rights for parcels registered in the system. This in turn
was expected to lead to higher land and real estate value,
increased productivity, and the consolidation of fragmented
rural land ownership. Increased use of property as
collateral was expected to bring about general improvement
in the efficiency of rural and urban real estate markets.
The project was also intended to promote least-cost
registration procedures by building on existing property
information databases (adding only market-relevant
information to these databases), and by contracting private surveyors. |
| format |
Publications & Research :: Brief |
| author |
Adlington, Gavin Saxen, Anu |
| author_facet |
Adlington, Gavin Saxen, Anu |
| author_sort |
Adlington, Gavin |
| title |
Armenia : Title Registration Project |
| title_short |
Armenia : Title Registration Project |
| title_full |
Armenia : Title Registration Project |
| title_fullStr |
Armenia : Title Registration Project |
| title_full_unstemmed |
Armenia : Title Registration Project |
| title_sort |
armenia : title registration project |
| publisher |
World Bank, Washington, DC |
| publishDate |
2012 |
| url |
http://documents.worldbank.org/curated/en/2008/02/9440125/armenia-title-registration-project http://hdl.handle.net/10986/9539 |
| _version_ |
1764409732428201984 |