Law 3481/2006 set the Hellenic Cadastre on new foundations with regard both to the cadastral survey, since the law simplifies and speeds up the survey’s completion and ensures at the same time the project’s financing, and to the implementation of the Cadastre’s institution.
 
More analytically, the most important changes that this legislative amendment brought about are the following:
  

1. The time and cost of the cadastral survey procedure are reduced. The second public presentation (suspension of data) is abolished and the relevant processes are merged in the context of a single public presentation (suspension). The collected data will be cross-checked and verified. Following that, they will be publicly presented (suspended) only once, so that the interested parties can submit either correction applications for simple (obvious) mistakes, or objections to be judged by a committee, in which a judicial officer will be presiding.
   
   
2. The correction procedure for the so-called “obvious mistakes” of the initials registrations is simplified. Following a simple application filed by the interested party to the Head of the competent Cadastral Office, the latter can correct the so-called obvious mistakes, which refer to any detail of the registration and mainly to the beneficiary, the right, the ownership title and the real property, observing certain conditions which guarantee that the correction does not involve any arbitrary modifications.
   
   
3. The procedure of judicial correction of the registrations referring to an “unknown owner” is accelerated and simplified. In case a citizen does not submit an ownership declaration during the cadastral survey procedure, their property is registered in the Hellenic Cadastre flagged to belong to an “UNKNOWN OWNER”. Provided the beneficiary holds official legal deeds, he/she can request the correction of the relevant registration even after the completion of the cadastral survey. Up to now, the correction was possible only through a strict, expensive and time-consuming judicial procedure. Corrections of this type will be now performed through a simple and timesaving procedure of “voluntary jurisdiction”, in which the court decides upon the correction request without any litigation and the procedure is completed in a very short period of time. This way, the guarantee of judicial control is maintained and transactions are facilitated.
   
   
4. The project’s financing is assured. The cost of the Cadastre is estimated at about 1.5 billion Euros. Since it is no longer financed by the European Union, we proceeded with the self-financing of the project with a realistic and just “cadastral fee”. Furthermore, the State will contribute to the project an amount of about 260 million Euros.
   

The cadastral fee consists of two parts, a fixed one of 35 Euros per right and a variable one of 1‰ over the objective value of the property.

CADASTRAL SURVEYS (REGIONS UNDER INCORPORATION IN THE CADASTRE):

• The fixed part of 35 Euros per right will be paid in the beginning of the cadastral survey procedure along with the submission of the declaration of the respective property right.
  
  
• For the auxiliary areas (storage rooms, parking spots) a fee of 20 Euros will be paid. This fee is paid only if these areas are autonomous properties, meaning that they hold a co-ownership percentage on the land parcel and are not attachments of an apartment.
  
  
• Especially for the rural areas, people that hold a property right on more than one property will pay the cadastral fee for only two rights, irrespective of the total number of rights they have. This condition stands only for beneficiaries with ownership and easement rights.
  
  
• The variable fee of 1‰ will be paid when the cadastral survey is completed.
  
  
• The proportionate cadastral fee is paid by the owners or usufuctuaries and is determined to be 1‰ of the amount remaining after the first 20,000 Euros of the property’s objective value are deducted. The overall objective value of a property will be computed based on the zone value, the age of the building and the floor of the property. In case of co-owners, the amount of 20,000 Euros is deducted for every single co-owner.
  
  
• This variable fee will be apportioned among the beneficiaries (co-owners or usufructuaries).
  
  
• In any case, the variable fee cannot exceed the amount of 900 Euros at the maximum.
  

 
PAST CADASTRAL SURVEYS

• For the past cadastral surveys citizens will only pay the fixed fee of 35 Euros, as the State has already spent a significant amount of money for the development of the cadastre in these regions. Unfortunately, this is not possible for the future cadastral surveys. The same conditions mentioned earlier regarding the auxiliary areas (storage rooms, parking spots) and the rural areas also stand for the fixed fee of the past cadastral surveys.