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Library Law on the lease of agricultural land.

Law on the lease of agricultural land.

Law on the lease of agricultural land.

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LEX-FAOC016383
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Provisions of this Act apply also to forests and certain inland waters exploited for agricultural purposes, certain buildings and other objects listed in article 2. Agricultural lands are arable lands, natural meadowlands and pastures. The basis of lease is an agreement between lessor and lessee. This Agreement defines issues specified in article 4, such as terms of returning lease object at the expiration of a term of lease; terms for exploitation and cure of leased objects. The parties are to describe the quantity and state of leased land and other objects and to fix it in the journal of property description. State-owned agricultural lands are leased for a period more than ten years only with the permission of state commission for land exploitation and protection in agreement with the Ministry of Agriculture and Foodstuff of Georgia. Article 5 concerns the payment of rent for lease. Section 6 make provision for the transfer of property to the leaseholder. Article 8 defines duties of the lessee regarding the maintenance of the leased objects. Renewal, change, ceasing and annulment of the lease are regulated in article 11. Article 13 concerns priorities in leasing state-owned agricultural lands and places also certain restrictions on the use of such land. (16 articles)

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