In case of existence of a right of pre-emption on an arable land or farm, the proprietor must notice the offer to buy, before the stipulation of the contract, to the persons entitled to pre-emption or privileged lease. The Decree contains detailed rules regarding the way of notification and acceptance or renouncement of the entitled person to pre-emption or privileged lease.
Implements: Act LV of 1994 on Arable Land. (2013-04-04)
Amended by: Decree No. 262 of 2010 (XI. 17.) Korm. of the Government laying down detailed rules of utilization of land parcels forming part of the National Land Fund. (2013-08-28)
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Hungary became a Christian kingdom in A.D. 1000 and for many centuries served as a bulwark against Ottoman Turkish expansion in Europe. The kingdom eventually became part of the polyglot Austro-Hungarian Empire, which collapsed during World War I. The country fell under communist rule following World War II. In 1956, a revolt and an announced withdrawal from the Warsaw Pact were met with a massive military intervention by Moscow.