At a Glance : Registering Property
2020 Ranking: 125
DB 2020 Distance to Frontier Score*: 56.5 (Changed in Score 3.7 DB2019)
Regional Average (East Asia Pacific): 57.56
More information on Myanmar’s performance in Registering Property -Click Here
* The distance to frontier (DTF) measure shows the distance of each economy to the “fron-tier,” which represents the best performance observed on each of the indicators across all economies in the Doing Business sample since 2005. An economy’s distance to frontier is reflected on a scale from 0 to 100, where 0 represents the lowest performance and 100 rep-resents the frontier. The ease of doing business ranking ranges from 1 to 190. (Source; World Bank)
Why does it matter?
Real estate typically accounts for 50-75% of national wealth
- In developing economies, only 30% of land is subject to a form of land registration.
Unregistered property is dead capital
- Real estate holders will not risk investing on the property.
- Lenders will not risk lending.
- Government loses out on tax income.
Registered property enables increasing financing and growth
- Secure property rights lead to increased investment.
- Greater credit potential and less costly to obtain finance.
- Government: revenue increases and greater planning capacity.
Answer | Score assigned to Myanmar in the Do-ing Business2019 report | |
---|---|---|
Reliability of Infrastructure Index (0-8) | 0.0 | |
What is the institution in charge of immovable property registration ? | YCDC (YCDC) City Planning and Land Administration Department, Land Record Department of Ministry of Agriculture and Irrigation, Internal Revenue Department | |
In what format are the majority of title or deed records kept in the largest business city—in a paper format or in a computerized format (scanned or fully digital)? | Paper | 0.0 |
Is there an electronic database for checking for encumbrances (liens, mortgages, restrictions and the like)? | No | 0.0 |
Institution in charge of the plans showing legal boundaries in the largest business city | YCDC City Planning and Land Administration Department | |
In what format are the majority of maps of land plots kept in the largest business city—in a paper format or in a computerized format (scanned or fully digital)? | Paper | 0.0 |
Is there an electronic database for recording boundaries, checking plans and providing cadastral information (geographic information system)? | No | 0.0 |
Is the information recorded by the immovable property registration agency and the cadastral or mapping agency kept in a single database, in different but linked databases or in separate databases? | Separate databases | 0.0 |
Do the immovable property registration agency and cadastral or mapping agency use the same identification number for properties? | No | 0.0 |
Transparency of Information Index (0-2) | ||
Who is able to obtain information on land ownership at the agency in charge of immovable property registration in the largest business city? | Anyone who pays the official fee | 1.0 |
Is the list of documents that are required to complete any type of property transaction made publicly available–and if so, how? | Yes. Online at https://app.ycdc.gov.mm | 0.5 |
Is the applicable fee schedule for any property transaction at the agency in charge of immovable property registration in the largest business city made publicly available–and if so, how? | [Update required] | 0.0 |
Does the agency in charge of immovable property registration commit to delivering a legally binding document that proves property ownership within a specific time frame–and if so, how does it communicate the service standard? | Other | 0.5 |
Is there a specific and separate mechanism for filing complaints about a problem that occurred at the agency in charge of immovable property registration? | [Update required] | 0.0 |
Are there publicly available official statistics tracking the number of transactions at the immovable property registration agency? | [Update required] | 0.0 |
Who is able to consult maps of land plots in the largest business city? | Only intermediaries (notaries, lawyers etc.) | 0.0 |
Is the applicable fee schedule for accessing maps of land plots made publicly available—and if so, how? | Yes. In person | 0.0 |
Does the cadastral or mapping agency commit to delivering an updated map within a specific time frame—and if so, how does it communicate the service standard? | No | 0.0 |
Is there a specific and separate mechanism for filing complaints about a problem that occurred at the cadastral or mapping agency? | [Update required] | 0.0 |
Geographic coverage index (0–8) | 0.0 | |
Are all privately held land plots in the economy formally registered at the immovable property registry? | No | 0.0 |
Are all privately held land plots in the largest business city formally registered at the immovable property registry? | No | 0.0 |
Are all privately held land plots in the economy mapped? | No | 0.0 |
Are all privately held land plots in the largest business city mapped? | No | 0.0 |
Land dispute resolution index (0–8) | ||
Does the law require that all property sale transactions be registered at the immovable property registry to make them opposable to third parties? | Yes | 1.5 |
Is there a specific compensation mechanism to cover for losses incurred by parties who engaged in good faith in a property transaction based on erroneous information certified by the immovable property registry? | No | No |
Does the legal system require a control of legality of the documents necessary for a property transaction (e.g., checking the compliance of contracts with requirements of the law)? | Yes | 0.5 |
If yes, who is responsible for checking the legality of the documents? | Registrar; Notary | |
Does the legal system require verification of the identity of the parties to a property transaction? | Yes | 0.5 |
If yes, who is responsible for verifying the identity of the parties? | Registrar; Notary | |
Is there a national database to verify the accuracy of identity documents? | No | 0.0 |
For a standard land dispute between two local businesses over tenure rights of a property worth 50 times gross national income (GNI) per capita and located in the largest business city, what court would be in charge of the case in the first instance? | Township Court in Yangon City, 4 District Courts, Yangon Regional Court | |
How long does it take on average to obtain a decision from the first-instance court for such a case (without appeal)? | Between 2 and 3 years | 1.0 |
Are there any statistics on the number of land disputes in the first instance? | [Update required] | 0.0 |
Equal access to property rights index (-2–0) | ||
Do unmarried men and unmarried women have equal ownership rights to property?* | Yes | 0.0 |
Do married men and married women have equal ownership rights to property?* | Yes | 0.0 |