The Federal Agency for State Property Management (Rosimushchestvo) is a federal body of executive authority responsible for:

• managing federal property;
• organising the sale of federal property scheduled for privatisation;
• selling property arrested in compliance with court decisions or decisions by agencies authorised to arrest property;
• selling confiscated and impounded property, as well as moveable property in abeyance, which has been turned over to the state in accordance with Russian legislation;
• providing state services and legal regulation in the sphere of property and land relations.