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14.07.2025
THE STATE DUMA PASSES BILL IN FIRST READING TO GRANT BENEFITS TO CLOSE RELATIVES FOR NOTARIAL CERTIFICATION OF REAL ESTATE GIFT AGREEMENTS
On June 10, 2025, the State Duma passed in the first reading a draft law proposing an amendment to the Tax Code of the Russian Federation to provide a benefit for the notarial certification of real estate gift agreements concluded between individuals that are recognised as close relatives under family law. According to the bill, in such cases, the parties would be exempt from paying 50% of the state duty.
Bill authors explain that since January 13, 2025r, notarial certification of real estate gift agreements between individuals has become mandatory. Taking into account the relatively high cost of this notarial service (25,000 to 30,000 roubles as average), parties to real estate gift transactions, particularly pensioners (parents, grandparents) and their children or grandchildren, often face financial difficulties covering the notarial fees. According to the bill's drafters, such citizens require measures of state support.
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