Limited Real Rights and Their Influence on the Economy
Limited Real Rights and Their Influence on the Economy

Author(s): Ivona Encheva, Asen Vodenicharov
Subject(s): Social Sciences
Published by: Udruženje ekonomista i menadžera Balkana
Keywords: Limited real rights; Property; Usufruct; Superficies
Summary/Abstract: The purpose of the current paper is to address some problems of limited real rights and their influence on the economy. The main focus is put on the appliance of the right to use and the right to construction, however the right to additional construction and superstructure and of the easements in Bulgaria are also considered. Due to the enormous role Property law has in the world nowadays, it appears necessary to examine its’ impact on the society. The definition of ‘property rights’ in economic sense is different than that in legal sense. Therefore, highlighting this difference is of utmost importance in order to reach a proper approach to this topic. Special attention is also paid to the possibilities of exercising the limited property rights and the limitations imposed by the legislation.

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