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Estonia · Law · SE

712

Act to amend the State Property Act and other laws

avaldatud riigiteatajasEstonia· Riigikogu· ET

Introduced

10 October 2022

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Status

AVALDATUD_RIIGITEATAJAS

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Discovery layer

Source updated

8 February 2023

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Summary

According to the bill, land transactions between the local government and the state will be made simpler and more transparent. The opportunities for determining and realizing mutual public interest in the transfer of lands of the state and local governments are harmonized, and the state is given the right to intervene in the acquisition of land in case of public interest. The local government has the obligation to find out the necessity of the immovable property for the state, if the local government starts to alienate or set building rights on the land it owns previously received free of charge from the state. When the land is returned to the state, the state compensates the local government for the useful expenses it has made on the immovable property, if the immovable property has been significantly improved with them. According to the bill, the compensation and fee paid by KOV to the state in the case of the transfer of real estate received for free, as well as in the case of transfer of real estate suitable for the development of the business environment and residential land, will be reduced from 65% to 50% (of the normal value of the land). At the same time useful expenses made by KOV on the immovable property can be deducted from the fee paid to the state. Also, the payment deadline for the transfer of immovable property suitable for the development of the business environment and residential land will be extended from five years to seven years.

Machine translation from Estonian. The official text remains authoritative.

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Documents

26 official files

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