Land Transaction Law.

https://www.fao.org/faolex/results/details/en/c/LEX-FAOC007183

Resource information

Resource Language

alemán

ISBN / Resource ID

LEX-FAOC007183

License of the resource

Copyright details

© FAO. FAO is committed to making its content freely available and encourages the use, reproduction and dissemination of the text, multimedia and data presented. Except where otherwise indicated, content may be copied, printed and downloaded for private study, research and teaching purposes, and for use in non-commercial products or services, provided that appropriate acknowledgement of FAO as the source and copyright holder is given and that FAO's endorsement of users' views, products or services is not stated or implied in any way.

The Act contains at the outset a definition clause relating to the various terms therein employed, such as "land", "building land", "building permit", "foreigner", "planning permission", etc. Part 3 regulates in particular the transfer of agricultural and forestry land and the requirements for its conversion into building land. Furthermore, it outlines the conditions and procedures for acquisition of land by foreigners. Part 3 establishes the competent authorities and, in particular, various Land Commissions. Finally, the Act prescribes penalties in case of non compliance and transitional provisions. The Act consists of 32 articles divided into 6 Parts.

Amended by: Law amending the Land Transaction Law. (1995-05-23)
Amended by: Law amending the Land Transaction Law. (2006-05-18)
Amended by: Law amending the Land Transaction Law. (2009-04-23)

Legislation