UPRAVLJANJE I RASPOLAGANJE NEKRETNINAMA U VLASNIŠTVU JEDINICE LOKALNE SAMOUPRAVE
MANAGEMENT AND DISPOSAL OF REAL ESTATE OWNED BY THE LOCAL GOVERNMENT UNIT

Summary/Abstract: For many years, local governments have not paid much attention to real estates they owned, but fortunately, that is slowly changing. With the implementation and adoption of the Report on the performed audit of the efficiency of real estate management and the disposal of local and regional self-government units for the period from 2012 to 2014, from March 2016, adopted by the State Audit Office, as well as the adoption of the State Property Management Act (Official Herald NN 52/18) and the State Property Management Strategy for the period 2019-2025. (Official Herald NN 96/19), a major shift has been made in the management and disposal of real estates owned by local self-government units (hereinafter: LGUs). When we talk about the concept of assets, we must emphasize that this paper focuses only on real estates (land, business premises, apartments) as the most valuable non-financial assets. Also, great progress in relation to the disposal of real estate has been made with the adoption of the Real Estate Evaluation Act (Official Herald NN 96/19), because it finallyregulated, in a unique way, the method of real estate market evaluation. The topic of the efficiency of management and the disposal of real estate owned by local self-government is increasingly occupying the interest of the leaders of these units, their employees, the public, the scientific community, and especially the local economic community. Effective real estate management in a local unit has a direct impact on creating a better life for the local population and greater interest from potential investors. This paper will emphasize the responsibility of local selfgovernment to approach real estates in their ownership responsibly and in a way so that the following elements are always transparent: how much real estates the LGU has, how much they are worth, how much is spent on them, how much income they bring in, and who uses them and under which conditions. All of the above is necessary to obtain the highest quality information needed to make decisions important for the local economic development, as well as to prepare strategic plans for real estate management and disposal.

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