Perpetual usufruct, also called the right of perpetual usufruct, is the English-language term often used by Polish lawyers to describe the Polish version of a public ground lease. It is usually granted for 99 years, but never for less than 40 years, and it gives a leasehold right to use publicly owned land, in most cases in urban areas. Although it does not confer freehold rights, buildings located on such land can be owned directly by private parties. An Act of 29 July 2005 made it possible, in specific cases, to transform the right of perpetual usufruct into freehold ownership of the real estate.
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Source Perpetual usufruct (Wikipedia)
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1. Wikipedia: Perpetual usufruct
the Polish version of public ground lease... enables leasehold use of publicly owned landView the Source Perpetual usufruct (Wikipedia)
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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.
- In Group: Ius in Re, lead paragraph defines the civil law real right
In Legal System: Law of Poland, Lead
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.
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