The Enforcement and Collaterals Act ("Enforcement Act") was adopted on 17 May 2011, and shall be applicable as of 17 September 2011, save for the provisions relating to the private enforcers which shall become applicable as of 17 May 2012.

Serbia's Parliament has adopted a new Real Estate Brokerage Agencies Act (Zakon o posredovanju u prometu i zakupu nepokretnosti), which was published in the Official Gazette of the Republic of Serbia No. 095/2013 on 31 October 2013 and entered into force as of 8 November 2013 ("Act").

Serbia's Parliament has adopted a new Retrospective Building Approval Act (Zakon o legalizaciji objekata), published in the Official Gazette of the Republic of Serbia No. 095/2013 on 31 October 2013, which entered into force as of 1 November 2013 (hereinafter referred to as the "Act").

In 2008, the Serbian Government signed a Stabilization and Association Agreement with the EU, adopting a timeframe for the gradual removal of trade barriers.

The Serbian Ministry of Finance has issued a recent official opinion that holds potential advantages for individuals interested in reinvesting the proceeds from the sale of real estate.

In December 2014, two sets of amendments to the Planning and Construction Act were published in nos. 132/2014 and 145/2014 of the Official Gazette of the Republic of Serbia (collectively "New PCA").

The Parliament of the Republic of Serbia has adopted the Law on Stimulating Construction Industry of the Republic of Serbia in a response to the new Conditions of the Economic Crisis (hereinafter referred to as: the "Law").

In 2009 , the Republic of Serbia adopted the Law on Planning and Construction (("Official Gazette of Republic of Serbia", no. 72/2009 and 81/2009) ) inter alia aiming to legalise the privatization procedure of state-owned construction land through the conversion of the right to use the land into an ownership right.

The Ministry of Finance in Serbia has issued an official opinion that could bring relief to taxpayers involved in real estate transactions.

Montenegrin construction law has seen moderate digitalisation ever since the adoption of the Spatial Planning and Construction of Facilities Act in 2017.

The long-expected Law on conversion of usage right into ownership against compensation ("Conversion Act") entered into force on 28 July 2015.

Change is a constant, and usually completely natural in the world of legislation. Serbia's recent amendments to the Planning and Construction Act are most definitely no different.

Law on Amendments to the Law on Value Added Tax was published in the "Official Gazette of the Republic of Serbia", no. 153/2020, dated 21.12.2020 and entered into force on the 29th of December 2020...

The Belgrade City Parliament, on March 7th, 2016, adopted the new General Urban Plan, which provides for the new industrial zones in which the city will make major investments.

The legal concept of the right of use of constructible land in Serbia came about as a consequence of the nationalisation of constructible land in the 1950s and 1960s.

Under the current Construction and Planning Act (PCA), as in other countries in the region, structures or facilities constructed without the relevant construction or used without the relevant usage permit are deemed illegal.

One of the important conditions that Serbia must fulfil as part of its EU accession is to return these properties to their former owners or heirs.

These changes could diminish the value of investors' acquired companies in Serbia.

The current Serbian Planning and Construction Law ("Planning and Construction Law") came into force in November 2009.

In general, the Serbian Agricultural Land Act ("ALA") envisages granting the use of agricultural land, free of charge, to state-owned subjects, or, in instances where particular plots ..