AADE launches new Digital Land Registry with reverse counting launch process
The Hellenic Authority of Public Revenue officially activated the MIADA, its newly established digital land registry system on March 21st at midnight local time (UTC+3). This transition marks a significant shift in property management as authorities now require all citizens and legal entities with real estate holdings to declare their assets within ten days. The new platform replaces previous manual procedures by digitizing ownership data, thereby streamlining the registration process for future transactions while ensuring transparency across Greek land records.
Key Points
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1The Hellenic Cadastre and Land Registry Authority has officially activated the new Digital Real Estate Register, known as MIDAS.
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2This digital registry replaces previous systems to modernize land record management in Greece. Owners must now declare specific information during a reverse counting period before their records are fully updated.
Developments
Perspectives
The launch of the AADE's new Digital Land Registry requires a reverse counting process for declarations, which significantly changes how owners must report their property details.
— (Zarpanews.gr)Capital News reports that the operation has officially begun and introduces what is known as the 'new digital land registry' of the AADE to Greek citizens. It highlights specific alterations regarding ownership documentation for individuals affected by this new system, emphasizing transparency in property records.
— (Capital.gr)