From August 2 to August 4, 2004, 2,722 real estate purchase and sale agreements were concluded in Ukraine. The highest business activity in real estate transactions was recorded in Donetsk region (272 agreements), in Kyiv (238 agreements), and in Kyiv region (221 real estate purchase and sale agreements). The lowest activity was observed in Volyn region (11 agreements), Zakarpattia region (32 agreements), and Ternopil region (37 real estate purchase and sale agreements). Such data are presented in our country for the first time. The statistics on the conclusion of agreements on the purchase and sale of land plots, houses, other immovable property, gift agreements, real estate exchange agreements, etc. are compiled on the basis of data entered in the State Register of Transactions. This was reported to LIGABiznesInform by the press service of the Ministry of Justice of Ukraine. As emphasized by the Minister of Justice of Ukraine Oleksandr Lavrynovych, starting from August 2, all agreements on the purchase and sale of immovable property in the state are entered into the Register. Without this procedure, agreements will be considered invalid. "From now on, for the first time in Ukraine, not only has the possibility been created to record and determine the unconditional right of legal entities and individuals to certain real estate objects, but also the opportunity has appeared to analyze the real number of transactions on the real estate market and assess differences in business activity by region," noted O. Lavrynovych. On August 2, the Ministry of Justice of Ukraine put the State Register of Agreements (Transactions) into effect. Now bureaus of technical inventory (BTI) have the right to accept documents establishing rights to real estate only on condition of their registration in the Register. State registration of transactions and maintenance of the State Register are carried out by the Ministry of Justice of Ukraine. Registration of transactions is carried out by notaries entering a record in the Register simultaneously with its notarial certification. The administrator of the Register is designated as the state enterprise "Information Center" of the Ministry of Justice of Ukraine.