This Law lays down the general interest principles regarding the acquisition, seizure, use, disposal, protection and termination of rights on property, including several deriving real estate/physical property rights, also in relation with state property (public land). The rights here granted are, amongst others, property right, right of construction, right to use.This Law determines that the goods of general interest that are not common goods, such as building land, agricultural land, forests and forest lands, protected parts of nature, herbs and plants, animal life, things of cultural, historical and ecological importance, can be object of property rights and other real estate related property rights (article 8); that machines or similar devices intended for production, agricultural or other activities which are permanently intended or based on a specific real estate, can be considered as part of the same if no other property obligations exist (article 11); some services (imposed by local commissions) and rights can be established to serve agricultural land, forests and forest land or other land (land administration) (article 219).The text is divided into ten Chapters and 357 articles, including the list of all documents that are repealed by the entry into force of this Law (see article 355).
Amended by: Law amending the Law on property rights. (2015-07-16)
Authors and Publishers
Bosnia and Herzegovina declared sovereignty in October 1991 and independence from the former Yugoslavia on 3 March 1992 after a referendum boycotted by ethnic Serbs. The Bosnian Serbs - supported by neighboring Serbia and Montenegro - responded with armed resistance aimed at partitioning the republic along ethnic lines and joining Serb-held areas to form a "Greater Serbia." In March 1994, Bosniaks and Croats reduced the number of warring factions from three to two by signing an agreement creating a joint Bosniak-Croat Federation of Bosnia and Herzegovina.