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This Decree establishes the structure, contents and the modalities of keeping the register of land value of the plots of land recorded in the state land cadastre.
The geodetic points pertain to the national property and are protected by the state. The plots of land on which the geodetic points are situated and one-meter wide strip of land along the boundaries thereof are fenced-off areas.
Article 16 shall acquire a new wording: “Article 16. Amount of rent. Payment for land allotted on lease shall be collected in accordance with lease contract.
This Presidential Decree regulates the transfer of land owned by legal persons, including enterprises with foreign investments. It does not apply to non-residents. Transfers of land shall be carried out for payment by decision of the President.
The Presidential Decree stipulates that plots of public land shall be transferred to citizens for private ownership according to their cadastre value, except for plots transferred at a preferential price or by auction for individual construction.
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