ISSN 1452-6662
Over 180 up-to-date legal acts of the Republic of Serbia translated to English.
Group: COMPANIES, BUSINESS
Issue: LAW ON CONVERSION OF THE RIGHT OF USE INTO THE RIGHT TO PROPERTY ON CONSTRUCTION LAND WITH A FEE
Published in the Službeni glasnik RS, Nos. 64/15 of 20 July 2015 and 9/20 of 4 February 2020
Section: 2. The Right to Convert the Right of Use into the Right to Property on Construction Land

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  • Article 2

    Persons referred to in Article 1, paragraph 2 of this Law shall have the right to convert the right of use into the right to property on construction land (hereinafter: conversion).

    The right referred to in paragraph 1 of this Article shall be realized at a fee, under the conditions prescribed by this Law.

    The conversion fee shall be calculated as the market price of such land at the moment of submitting the conversion application, in accordance with this Law.