The latest Newsletter: New Law on Real Estate Value Appraisers entered into force

The latest Newsletter: New Law on Real Estate Value Appraisers entered into force

Earlier this year, for the first time in Serbian legislature, the Law on Real Estate Value Appraisers (the "Law") was enacted, which precisely regulates who, and under what circumstances, can become a licensed appraiser, as well as cases of mandatory evaluation of real estate by a licensed appraiser.

The Law entered into force on 6 June 2017. 

The main reasons for the adoption of this law are the harmonization of Serbian legislation with the requirement of the EU Directive on mortgage loans, and maintaining financial stability and avoiding systemic risk.

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