The Preemptive Right Regulated by Law no. 17/2014
The Preemptive Right Regulated by Law no. 17/2014
Author(s): Adina FoltişSubject(s): Law, Constitution, Jurisprudence
Published by: Editura Universitatii Transilvania din Brasov
Keywords: pre-emption; co-owners; vendor; the right of first refusal
Summary/Abstract: The alienation by sale, of the agricultural land located outside the city limits is subject to the preemptive rights of co-owners, lessees, owners in the neighborhood as well as of the Romanian state, through the State Property Agency, in this order, at the same price and on equal terms. If no one wants to buy, only then the owner can sell the land to someone else, including foreign citizens or foreign legal entities falling in the conditions imposed by art. 2 of Law no.17/2014.
Journal: Bulletin of the Transilvania University of Braşov, Series VII: Social Sciences and Law
- Issue Year: 2014
- Issue No: 1
- Page Range: 79-88
- Page Count: 10
- Language: English