275 Sqm Dry Land at Ipaja Market for Lease
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Land market in Ukraine: what will happen to the leased plots
Since July 1, a land market has opened in Ukraine, so tenants should now figure out their rights, in particular, to buy out a leased plot.
Liga.net in a series of publications with the assistance of the project "Support for transparent land management in Ukraine", which is being implemented by the World Bank and financed by the European Union, explains who has the preferential right to purchase a land plot, how to realize it and what needs to be done for this.
According to the Law, only individuals will be able to buy land for three and a half years.
The preferential right to purchase land plots will be available to two categories of citizens:
subsoil users - persons who have a special permit for the extraction of minerals of national importance;
agricultural land tenants.
As noted by the partner, head of the LFC cross-border disputes practice Igor Kravtsov, the tenants' preemptive right to purchase land was provided for in the legislation earlier, but the procedure for its implementati 275 Sqm Dry Land at Ipaja Market for Lease on was poorly regulated, which reduced the attractiveness of the entire buyout transaction.
In the new Law, according to the lawyer, the rights of land users are protected, because the deputies have clearly defined those categories of potential landowners who can primarily prepare money for Ukrainian black earth or sandstone. Of course, if they were previously rented.
Ukrainian companies will be able to buy land starting in 2024. If they are the tenant of the land, they will also have the preferential right to purchase.
To buy out the site until 2024, they can transfer their preemptive right to an individual. "If an agricultural producer wants to buy out a land plot, but is a legal entity, then he can transfer the right of purchase to an individual who will lease this piece of land to the same producer. The main thing is to agree," explains the former chairman of the State Geocadastre, co-founder of the Land Club investment association Denis Bashlyk ...
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If you look at the experience of other countries, the practice of granting predominantly the right to purchase agricultural land exists in different variations. In particular, in Bulgaria, Albania, Georgia, the preferential right to purchase plots is given to co-owners and tenants, in Macedonia, Serbia, Estonia - to co-owners, tenants and neighbors, and in France, certain categories of farmers have an advantage even over a state agency.
The Portuguese, Spanish and Lithuanian government agencies also have the primary right to purchase agricultural land. And in Romania, Denmark and the Netherlands, a government agency has the right of pre-emption.
https://jiji.ng/ipaja-ipaja/land-and-plots-for-rent/275-sqm-dry-land-at-ipaja-market-for-lease-17P1SmdZdGl7cMfjaqAzupOa.html
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