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Ukraine: Real Estate Register Finally Resumes Operation Following Russia's Cyberattack

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On 19 December 2024, Ukraine experienced one of the largest cyberattacks on its public registers launched by the Russian Federation. Among the many targeted registers was the State Register of Property Rights to Real Estate ("Real Estate Register").

Because of the cyberattack, the operation of the Real Estate Register was suspended. Without access to the Real Estate Register, it was impossible to acquire, alienate, lease for a long term or otherwise dispose of real property. As a result, most of the real estate-related transactions in Ukraine have been temporarily put on hold.

On Monday, 20 January 2025, the Ministry of Justice of Ukraine announced that all the remaining critical registers, which were not yet restored, including the Real Estate Register, have finally resumed operation.

Access by notaries and state registrars to the Real Estate Register is still suspended due to the data update but is expected to be restored in the next couple of days.

Recommendations

  • Once full access to the Real Estate Register is restored, as a precaution, make sure that the records containing information about your rights or encumbrances to real estate are available in the Real Estate Register and are correct. If there are no records or the records are inaccurate, please consider the following actions:
    Ensuring that all title documents (such as relevant agreements, ownership certificates, extracts from the Property Rights Register, etc.) are readily available; and
  • Contacting the state registrar/notary to discuss restoration of the relevant records in the Real Estate Register based on the available title documents or correction of the identified mistakes.

By Serhiy Piontkovsky and Lina Nemchenko, Partners, Elmaz Abkhairova, Senior Associate, Baker McKenzie

Ukraine Knowledge Partner

AVELLUM is a leading Ukrainian full service law firm with a key focus on Finance, Corporate, Dispute Resolution, Tax, and Antitrust.

Our aim is to be the firm of choice for large businesses and financial institutions in respect of their most important and challenging transactions.

We build lasting relationships with our clients and make them feel secure in new uncertain economic and legal realities.

We incorporate the most advanced Western legal techniques and practices into our work. By adding our first-hand knowledge, broad industry experience, and unparalleled level of service we deliver the best results to our clients in their business endeavours. Our partners are taking an active role in every transaction and ensure smooth teamwork.

AVELLUM is recognised as one of the leading law firms in Ukraine by various international and Ukrainian legal editions (Chambers, The Legal500, IFLR1000, The Ukrainian Law Firms, and others).

Firm's website: www.avellum.com

 

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