2 Plot of Land at Gahun Magboro via Ojodu Berger For Sale

Checklist: how to check complete information about individuals Get recommendations from LEAGUE: LAW Tsia Storinka is also available for viewing in Ukrainian Purchase and sale of agricultural land: contract terms Ruslan Redka, Managing Partner at Legal House On July 1, 2021, the Law of Ukraine "On Amendments to Certain Legislative Acts of Ukraine Concerning the Conditions of Turnover of Agricultural Land" (hereinafter - Law No. 552-IX) officially comes into force, which opens the first stage of the functioning of the agricultural land market. Until January 1, 2024, the key players in the land market will be solely individuals who will be able to freely dispose of and acquire ownership of previously podmoratorny land plots. However, for the proper functioning of the market, the legislator has provided for a number of legal protections and conditions under which the purchaser will not be able to freely acquire ownership of agricultural land under civil law contracts. Subscribe to keep abreast of all business news. I. Legal precautions in the land market A 2 Plot of Land at Gahun Magboro via Ojodu Berger For Sale t the first stage of the launch and operation of the land market, the legislator provided for fuses in the form of restrictions on the concentration of land in one hand and restrictions on the circle of persons. We propose to deal in more detail with the aforementioned fuses, which at this stage of the market launch (until 01/01/2024) will apply specifically to individuals. A. Limitations in land concentration This restriction applies to buyers of agricultural land with a total area of ​​up to 100 hectares per person. It means that you can buy land plots only up to 100 hectares, and if this restriction is violated, the acquired land plots over 100 hectares will be subject to confiscation. Restrictions on the circle of persons are in fact restrictions on the participation of individuals - citizens of Ukraine in the land market and in the acquisition of land plots. In particular, the legislator referred to the circle of such individuals: https://jiji.ng/obafemi-owode/land-and-plots-for-rent/2-plot-of-land-at-gahun-magboro-via-ojodu-berger-for-sale-xh1oJwUwbTMMf4NSE0qCauhm.html

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