Decree No. 515 of 1995 establishing rules relative to land lease 1995.
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LEX-FAOC009052
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Decree regulating the rent for the lease of agricultural land. The Decree seeks to re-establish a balance between interests of the lessee and those of the lessor. Owners of agricultural land who give the land in lease may obtain a net gain of 2 percent of the free market value of land free of lease excluded costs which are to be bared by the landowner. Article 1 defines "free market value" as the price for the land in agricultural use but free of lease which results from reasonable negotiation between buyer and seller on the market. Prices for the lease of agricultural premises are revised. (13 articles)
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