This Act contains rules relative to real property and especially the lease and disposal of land.It prescribes rules relative to the manner of giving effect to equitable interests and powers, creation and disposition of equitable interests, vesting orders and dispositions of legal estates operating as conveyances by an estate owner, leasehold, rights on real property in case of infancy, lunacy or death, common ownership, registration of rights, etc.

This Act contains rules relative to real property and especially the lease and disposal of land.It prescribes rules relative to the manner of giving effect to equitable interests and powers, creation and disposition of equitable interests, vesting orders and dispositions of legal estates operating as conveyances by an estate owner, leasehold, rights on real property in case of infancy, lunacy or death, common ownership, registration of rights, etc.

This Decree provides for the exemption from the agricultural land use tax in case of land assigned by the State to households and individuals for agricultural development, or belonging to farmer cooperatives whose land has been assigned for agricultural production, or for agricultural and forestry farmers which have been assigned lands for farming, in poor and less favoured areas.