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This Ministerial Decree sets forth the procedure for carrying out tenders for land lease contracts for construction following a local decision authorizing the expropriation and allotment of land. Any legal person, individual entrepreneur or foreign legal person shall be authorized to participate in the tender. Damages resulting from the expropriation of land shall be compensated; amounts shall be based on: (a) the value of removed buildings and constructions; (b) removal cost; (c) losses due to the restriction of landowners’ and tenants’ rights; and (d) lost profits.
Implements: Presidential Decree No. 671 on certain aspect of expropriation and allocation of land. (2006-11-14)
Repealed by: Ministerial Decree No. 462 implementing Presidential Decree No. 667 regarding expropriation and allotment of land plots. (2010-11-30)
Repeals: Ministerial Decree No. 160 on compensation of damages caused by expropriation, provisional occupation or use restrictions of land. (1992-03-25)