Acquisition and termination of the right of ownership in Russia

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This article overviews the system of legal facts which, under Russian law, lie at the basis of the acquisition and termination of the right of ownership. The grounds for the acquisition of the right of ownership are being analyzed through their classification to the initial and derivative ones. The author focuses on the acquisition of the right of ownership in the result of making of a new thing; producing fruits, products and incomes from using a thing; entering a contract or another kind of deal on the alienation of property; succession; becoming the owner of the ownerless property; paying the share contribution as a member of a consumer cooperative. Special attention is payed to the procedure of the acquisition of the right of ownership to an unauthorized structure. Termination of the right of ownership is examined through such grounds as alienation of property by the owner in favor of another person; renouncement of the right of ownership by the owner; perish or destruction of property; loss of the right of ownership. The article also covers the instances of the forcible withdrawal of property, including, but not limited to turning of the penalty onto the property under obligations; alienation of the property, which may not be owned by the given person; alienation of immovable property and withdrawal of a land plot because of its improper use; alienation of immovable property due to withdrawal of a land plot for state or municipal needs; redemption of the mismanaged cultural values and of domestic animals; requisition; confiscation; appropriation by the Russian Federation on the basis of a court decision etc.