National Agency of State Property — Rights, Procedures, and Legal Protection

The National Agency of State Property is a Legal Entity of Public Law operating within the system of the Ministry of Economy and Sustainable Development of Georgia, which manages state-owned property — including carrying out the privatization and leasing of state property.

Functions and Activities of the Agency

The National Agency of State Property carries out the following core functions:

1. Accounting, inventory, and management of state property;
2. Privatization of state property — sale, auction, or alienation in another form;
3. Leasing of state property to natural or legal persons;
4. Maintaining and updating the list of state-owned property;
5. Regulation of legal relations related to state property.

Privatization of State Property

Privatization of state property is carried out through electronic auctions, direct sales, or competitive tenders. The privatization process is strictly regulated by legislation — any person wishing to acquire state property must comply with the procedures established by law.

It is particularly important that defects in the privatization process — such as lack of transparency, violations of law, or procedural errors — can be appealed in court.

Lease of State Property

Obtaining a lease on state property is possible through electronic auction or direct transfer. The lease agreement is drawn up between the Agency and the lessee — in accordance with the conditions provided by legislation.

The lessee should know:

• The terms of property use must be precisely specified in the lease agreement;
• Improper (non-targeted) use of property may serve as grounds for termination of the agreement;
• Extending the lease term or altering the terms requires legal analysis.

Legal Protection Against Decisions of the Agency

Decisions of the National Agency of State Property are subject to legal review. If the Agency has issued an unlawful or unsubstantiated decision, the interested party has the right to:

1. Appeal to a superior administrative body with an administrative complaint;
2. File a lawsuit in court under administrative litigation procedure;
3. Request the issuance or declaration of invalidity of an administrative act;
4. Claim compensation for damages caused by the decision of the Agency.

Why Do You Need an Attorney?

Legal relations concerning state property involve complex administrative procedures, deadlines, and specific legislation. An experienced attorney will:

• Analyze agreements related to state property prior to execution;
• Prepare an administrative complaint or court lawsuit;
• Represent the client in negotiations with the Agency;
• Protect the client's interests during the privatization or lease process.

Civil Law · Administrative Law · Dispute Resolution · Tax Law · Litigation