Regional Law No. 69 “On establishment of the value of land plots within inhabited areas destined for agricultural production”.
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LEX-FAOC153943
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This Regional Law establishes that plots of agricultural land within the boundaries of inhabited areas and destined for agricultural production, free of constructions and edifices, allotted on lease on condition of permanent (open-ended) land tenure as a result of renewal of lease contract or renewal of the right of hereditary possession of such land with the right of lease can be purchased in ownership by lease holder at the cost of 15 percent of cadastre value of such plots of land.
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