Creation and Maintenance of Public Real Estate Records - Business Models in Croatia

The paper briefly describes the Croatian real estate registration system, its subjects and basic processes, and points to the insufficient correlation of official real estate records with current state, which for years has been a major obstacle to the growth of business, the realization of investments, as well the management of states and other public assets. The unsettled state of public real estate records creates legal uncertainty for citizens, private investors, public and state institutions. This problem is also expressed in other countries of Southeast Europe. Defining real estate is a complex technical task that results in the materialization of boundaries between cadastral parcels as the basic record of the real estate and their recording in the selected coordinate system. This work in Croatia is entrusted to private geodetic companies whose activity is regulated by law through public tenders. Preparation of tenders on behalf of the Government of the Republic of Croatia (for works related to public real estate) is carried out by the State Geodetic Administration, and for private investors and entrepreneurs, works are regulated under market conditions. The paper investigates business model for more efficient creation and maintenance of public real estate registers - with special reference to the economic position of geodetic activity, and in the conclusion proposes measures to overcome this situation.