Perpetual usufruct: Difference between revisions
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{{Expand Polish|Polish article title|date=September 2019}} |
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{{Property law}} |
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'''Perpetual usufruct''' (right of perpetual [[usufruct]], RPU) is the English-language term often used by Polish lawyers to describe the Polish version of public ground lease. It is usually granted for 99 years, but never shorter than 40 years, and enables leasehold use of publicly owned land, in most cases located in [[urban area]]s. Although it does not give [[Fee simple|freehold]] rights, buildings located on such land can be owned directly by private parties. The Act of the transformation of the right of perpetual usufruct into freehold ownership of real estate of 29th July 2005 (Dz.U. 2005 nr 175 poz. 1459) made the transformation possible in specific cases. |
'''Perpetual usufruct''' (right of perpetual [[usufruct]], RPU) is the English-language term often used by Polish lawyers to describe the Polish version of public ground lease. It is usually granted for 99 years, but never shorter than 40 years, and enables leasehold use of publicly owned land, in most cases located in [[urban area]]s. Although it does not give [[Fee simple|freehold]] rights, buildings located on such land can be owned directly by private parties. The Act of the transformation of the right of perpetual usufruct into freehold ownership of real estate of 29th July 2005 (Dz.U. 2005 nr 175 poz. 1459) made the transformation possible in specific cases. |
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Revision as of 23:14, 18 September 2019
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| Property law |
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| Part of the common law series |
| Types |
| Acquisition |
| Estates in land |
| Conveyancing |
| Future use control |
| Nonpossessory interest |
| Related topics |
| Other common law areas |
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Higher category: Law and Common law |
Perpetual usufruct (right of perpetual usufruct, RPU) is the English-language term often used by Polish lawyers to describe the Polish version of public ground lease. It is usually granted for 99 years, but never shorter than 40 years, and enables leasehold use of publicly owned land, in most cases located in urban areas. Although it does not give freehold rights, buildings located on such land can be owned directly by private parties. The Act of the transformation of the right of perpetual usufruct into freehold ownership of real estate of 29th July 2005 (Dz.U. 2005 nr 175 poz. 1459) made the transformation possible in specific cases.
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