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This Law establishes that object of lease of land shall be land plots pertaining to ownership of natural and legal persons, municipal and public ownership. Leaseholders of land plots can be the following categories: (a) regional, provincial and city administration within plenary powers envisaged by acting legislation; (b) public administration of rural areas; and (c) natural and legal persons of Ukraine, foreigners and stateless persons, foreign legal persons and international associations and organizations, and foreign states. The right of lease of land shall be subject state registration in accordance with acting legislation. Lease of land shall be regulated by contract that shall contain data related to the object of lease (cadastre number and location of the plot of land), period of lease, rent, purpose of lease and purposeful use of land, terms and conditions of restitution of plot of land to lessor, and liability of the Parties.
Amended by: Law No. 1532-VIII amending some legislative acts related to minimum period of lease of agricultural land on which is in course drainage and land reclamation. (2016-09-20)
Amended by: Law No. 191-VIII amending some legislative acts related to facilitation of business administration (deregulation). (2015-02-12)
