• How do I register with the Registry? (How do I get passcode?)
    • To register, visit www.mpcr.fimsa.az, and select the Registration menu in the upper right corner of the web-site, and enter the required details in the fields provided. Individuals and Legal Entities (authorized representatives of legal entities) are eligible for registration. Registration is free.
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  • I registered but can't access my virtual account?
    • Once you have registered, the information you've entered will be verified, and a login and passcode will be sent to your e-mail. You will be able to access your virtual account when you get these details. It could take up to a few minutes.
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  • Where can I view the Registry’s instruction clips?
    • At www.mpcr.fimsa.az, videos are available in the User Guidance sub-menu in the Guidance menu.
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  • Are banks going to be integrated?
    • Yes, currently underway.
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  • What is the priority right referred to in the Law? How do I get a priority right?
    • Disclosure of encumbrance to third parties under Article 5.3 of the Movable Asset Encumbrances Law affects the priority order of claims in accordance with Chapter 3 of the Law. That is, the person to file the notice of encumbrance first will have a priority right (precedence) over the other claimants (except as otherwise provided in the law).
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  • Can I file a notice for a verbal arrangement?
    • Yes, you can. However, the parties will need to sign a contract within 30 calendar days. Otherwise the notice of encumbrance will be automatically removed.
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  • Does the Registry accept notices of encumbrance of vehicles?
    • No. The Law excludes the movable assets registered with the official movable asset registries and securities requiring state registration from the list of eligible objects of encumbrance.
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  • Can I register an item (asset) that is the subject of an encumbrance agreement and does not have several distinguishing features? If yes, how?
    • Yes, you can. But you have to provide as much detail and distinguishing features as possible in the description part.
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