Constitutional Court Protects Good Faith Buyers in Crimea Property Cases
The Constitutional Court (CC) has issued a significant ruling on property nationalization. In a case involving a woman from Crimea, the CC ruled that nationalizing property bought in good faith from sellers later designated 'hostile' is impermissible.
The CC specified that nationalization is not possible if the seller was designated 'hostile' after the purchase, and the buyer acted in good faith. This ruling is a response to several similar cases involving good faith buyers in Crimea.
The CC ruled that 'manifest negligence' can be established if the property was already included in the list or if the seller's hostile actions were widely known. Inna Kokoylo's apartment in Yalta was nationalized after the seller was designated 'hostile', prompting her complaint to the CC.
The CC's ruling protects good faith buyers from bearing the consequences of hostile actions committed by sellers. The court found that seizing property from such buyers is a violation of their rights. This decision sets a precedent for similar cases in the future.
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