The Decree-Law is set in bold-type and the Decree is set in normal characters. In order to safeguard real estate rights and statutory interests, the register of real estate contains data on all immovable property in the country, on rights in connection thereto and other relevant information. Certain rights come into being through registration.
This Law establishes the legal basis for setting up and functioning of special economic zone in the Kaliningrad Region, taking into account its specific geographical position and importance for the national interests of the Russian Federation. The development of special economic zone is carried out on the basis of the Federal State Program. Licensing of private business undertakings in special economic zone is not necessary except for cases envisaged by the Russian legislation.
This Decree adds a new 1/A Section to the Basic Text in which the following rules are set forth. Contrary to certain provisions of Section 1 of the Basic Text, the acquisition of real estate by a foreign natural person settling in Hungary as an independent entrepreneur must be authorized pursuant to a separate act, if such property is essential for pursuing the business activities for which the foreign natural person settled. No property intended to be acquired for the purpose of a real estate transaction shall be construed as essential for business activities.
Item 3 of the Article 8 acquires a new wording: «Rent and the modalities of collection thereof shall be established on contractual basis. Land granted in lease cannot be granted in sublease. The amount of rent granted to foreigners except for agricultural land shall be calculated in conformity with the rates of land charges with the application of coefficient established by the Government».
Amends: Land Code of the Kyrgyz Republic. (2013-11-15)
This Law establishes that agricultural land shall be exclusive property of the state and of citizens permanently living in rural areas for at least two years. Allotment in ownership and transfer of agricultural land shall be prohibited to: (a) foreign natural and legal persons, and foreign states; (b) stateless persons living on the territory of Kyrgyzstan; (c) legal persons of Kyrgyzstan and joint-ventures; and (d) married couples if one conjoint is foreigner or stateless person.
This Law regulates property relations and classifies the types of ownership in three categories: (a) private; (b) collective; and (c) public. It establishes that the objects of property shall be land, subsoil, water resources, vegetable and animal kingdom. Plots of land and vegetation thereon can pertain to private ownership. Land, subsoil, water, forests and other natural resources shall be public property. Foreign land tenure shall be authorized except for agricultural land and forest land.
The present Law establishes legal basis of leasehold by foreign states and the amount of rent for foreign land tenure. Object of lease is public land that can be granted on lease to foreign states exclusively on lease (art. 1). Leasehold by foreign states is fixed-date charged land tenure. Area of lease, conditions of lease and the period of lease shall be determined by agreement between the parties (art. 2).
Repealed by: Law implementing Land Code. (2004-11-01)
Article 8 shall be amended to add the following wording: “after the wording purchase and sale shall be inserted the wording donation”.
Amends: Law No. 4 on management of agricultural land. (2001-01-11)
The present Law shall define organizational, economic and legal terms and conditions of foreign concessions in Turkmenistan. A concession shall provide for the right given by the state to a foreign legal entity or a natural person – a concessionaire – to use plots of land, natural resources, enterprises and other assets on the basis of an agreement for a specified period of time and in return for a payment. Concession activity in Turkmenistan is carried out in accordance with the following principles: rational use of natural resources, ensuring ecological, sanitary and hygienic safety.
This Law establishes forms of property ownership, providing for the recognition and protection of property rights. Owners (physical persons, legal entities or the State) shall have the right of possession, use and transfer. Objects of property rights covered by this Law include: land, soil, water, air space, vegetation and wildlife, buildings, installations, equipment, subjects of material and spiritual culture, intellectual property, information, money, securities and other moveable and real property. The law provides for joint ventures as well.
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