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Private property


Private property is property owned by citizens or legal entities on the right of ownership, except for certain types of property that, in accordance with the law, cannot belong to citizens or legal entities

Source: Order of the State Standard of the Russian Federation dated March 30, 1999 No. 97 (as amended on May 24, 2012) "On Adoption and Introduction into Force of Unified Russian Classifiers" (together with "OK 027-99. Unified Russian Classifier of Property Forms", "OK 028-99. Unified Russian Classifier of Organizational and Legal Forms") (date of introduction January 1, 2000)

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