REPLACING THE RIGHT OF PERPETUAL USUFRUCT WITH THE RIGHT OF OWNERSHIP
Автор: News from Poland – Business & Law
Загружено: 2023-04-28
Просмотров: 151
In this episode:
(1) LAW: Radosław Wiśniewski, PhD, adwokat, associate in Wardyński & Partners Real Estate Practice (see: www.wardynski.com.pl), talks about the government’s plans to replace the right of perpetual usufruct of real estate with the right of ownership.
(2) BUSINESS: KONRAD GROTOWSKI, attorney-at-law, partner in charge of Wardyński & Partners Restructuring & Bankruptcy Practice (see: www.wardynski.com.pl), gives summary on investments in Polish commercial real estate market in 2022.
00:00 Introduction
00:39 Government bill
01:08 Perpetual usufruct
02:04 Gradual elimination of perpetual usufruct
02:25 Buy out option valid for 1 year
03:13 Sale price of land
03:49 Limited and pricey phase of elimination
04:33 Polish commercial real estate market in 2022
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