The present Ordinance implements the Land Transaction Act of 9 December 1992. In particular, the Ordinance lays down provisions relating to the correct and efficient enforcement of the afore-mentioned Act. The text consists of 23 articles divided into 5 Parts as follows: General provisions (I); Conditions and requirements (II); Land transactions authorities and procedures (III); Fees (IV); Transitional and final provisions (V).
Implements: Land Transaction Act. (1992-12-09)
Amended by: Ordinance amending the Land Transaction Ordinance. (2016-01-26)
Amended by: Ordinance amending the Land Transaction Ordinance. (2016-12-06)
Authors and Publishers
The Principality of Liechtenstein was established within the Holy Roman Empire in 1719. Occupied by both French and Russian troops during the Napoleonic Wars, it became a sovereign state in 1806 and joined the Germanic Confederation in 1815. Liechtenstein became fully independent in 1866 when the Confederation dissolved. Until the end of World War I, it was closely tied to Austria, but the economic devastation caused by that conflict forced Liechtenstein to enter into a customs and monetary union with Switzerland.