Regulatory Alerts2025-01-01
Decision on the Method of Data Storage and the Detailed Content of Immovable Property Records
The Council of the Central Bank of Montenegro mandates standardized data storage and detailed record-keeping for immovable property valuations securing consumer housing loans. Creditors must compile comprehensive files containing property classifications, cadastral and construction data, ownership details, initial and subsequent valuation reports, loan terms, interest rate structures, and borrower financial metrics including the LTV-O indicator. The decision defines key regulatory terms and takes effect the day after publication, with mandatory application commencing on 28 November 2025.
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