Facilitations in trading of agricultural land

16-08-2010

On July 8, 2010, the act of May 6, 2010 came into force which amends the Act on Shaping Agricultural System. The changed provisions concern possibilities of exercising the pre-emption right of agricultural real properties by the Agricultural Property Agency. The pre-emption right which had been vested in the Agency was limited and now it only applies to real properties of at least 5 ha. Thus, trade in agricultural real properties of the are of less than 5 ha will be unrestricted.

 

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