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Library Law No. ZR-29 on immovable property.

Law No. ZR-29 on immovable property.

Law No. ZR-29 on immovable property.
3АКОН РЕСПУБЛИКИ АРМЕНИЯ O НЕДВИЖИМОМ ИМУЩЕСТВЕ

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Resource Language
ISBN / Resource ID
LEX-FAOC066854
Pages
16
License of the resource

The present Law is composed of 12 Sections dealing with: (a) general provisions (Sect. 1); (b) the right of ownership (Sect. 2); (c) purchase and amortization (Sect. 3); (d) lease (Sect. 4); (e) other rights related to immovable property (Sect. 5); (f) expropriation for public needs (Sect. 6); (g) right of use of public immovable property (Sect. 7); (h) land consolidation (Sect. 8); (i) cadastre and land registration (Sect. 9); (j) cessation of the right of ownership and its legal protection (Sect. 10); (k) dispute settlement (Sect. 11); (l) coming into effect of the Law (Sect. 12). The present Law regulates ownership relations concerning land, subsoil, forests, vegetable and animal realm, water and territories pertaining to cultural heritage. The right of ownership shall be applicable to land (art. 3). Foreign nationals and stateless persons shall not be granted the right of land ownership (art. 5). The period of lease shall be established by mutual agreement between the parties according to lease contract. Immovable property, land included, can be granted on lifelong lease (art. 14). Servitude shall be applicable also to the water rights, including irrigation (art. 16). Land shall be subject to compulsory land registration (art. 26).

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Authors and Publishers

Author(s), editor(s), contributor(s)

Gnetii, Vsevolod (CONSLEGB)

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