Joint Decree No. 303/9 of the Council of Ministers and of the National Bank validating the Regulation on transfer of land plots in private ownership in mortgage for land based credit.

Subject

Land & soil

Keyword

Land based credit Contract/agreement Expropriation Ownership

Geographical area

CIS (Commonwealth of Independent States), Eastern Europe, Europe

Abstract

This Joint Decree establishes that separate land plots can be transferred in mortgage for land based credits. Legal persona and natural persons that are Belarus nationals can be mortgagers if their ownership right to land plot is certified by state land certificate. Banks authorized by the President of Belarus shall be mortgagees. Amount of credit and the modalities of extinction thereof shall be determined by credit contract and mortgaged contract. In case of expropriation of the mortgaged land

Full text

Russian

Website

pravo.by

References - Legislation

Implements

Presidential Decree No. 58 regulating some issues of expropriation and allotment of land.

Legislation | Belarus | 2006 | Repealed

Keyword: Expropriation, Agricultural land, Survey/mapping

Source: FAO, FAOLEX

Amended by

: Joint Decree No. 939/13 of the Council of Ministers and the National Bank amending Joint Decree No. 303/9 of the Council of Ministers and of the National Bank validating the Regulation on transfer of privately owned land in mortgage for land-based credit.

Legislation | Belarus | 2006

Keyword: Ownership, Certification, Cadastre/land registration

Source: FAO, FAOLEX