PRE-EMPTION RIGHT IN THE CONTEMPORARY ROMANIAN LAW BETWEEN LIMITATION AND LIBERALISATION Cover Image

Dreptul de preempțiune în legislația română contemporană între restricționare și liberalizare
PRE-EMPTION RIGHT IN THE CONTEMPORARY ROMANIAN LAW BETWEEN LIMITATION AND LIBERALISATION

Author(s): Manuela Tăbăraş
Subject(s): Civil Law
Published by: Editura Hamangiu S.R.L.
Keywords: Foreign citizens; liberalisation; right of first refusal; outside-village agricultural land; nullity;

Summary/Abstract: According to the EU Accession Treaty, Romania has committed that starting with the 1st of January 2014 to liberalise the financial market, so that foreign citizens, natural persons from the European comunity to freely be allowed to buy agricultural land. Norms regarding the exercise of the right of first refusal regulated by Law no. 287/2009 regarding the Civil Code, republished, with its further changes, are completed by the new procedures established by Law no. 17/07.03.2014 (entered into force on the 15.03.2014) regarding some regulating measures for sale-purchase of agricultural land from extra-vilan and by change of the Law no. 268/2001 regarding the privatization of commercial companies that are managing public and private owned agricultural lands and setting up of the State Domains Agency as shown by the provisions of article 4 of the normative law that in its turn, is recognising the landowners, lesees, neighbour owners right, as well as the Romanian state right, through the Agency for State Domains, in this order, at equal price and conditions.

  • Issue Year: II/2014
  • Issue No: II
  • Page Range: 595-603
  • Page Count: 9
  • Language: Romanian
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