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Legal Briefing

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Serbia: converting planning and construction brick by brick

Overview

The legal concept of the right of use of constructible land in Serbia came about as a consequence of the nationalisation of constructible land in the 1950s and 1960s. In Serbia, the state is the owner of constructible land, while other legal entities and natural persons only hold the right to use such land. However, nationalization did allow former owners of undeveloped constructible land to retain the right of use until such time as it was seized for construction, with a right to transfer such right of use only to immediate relatives.

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Tags: Real Estate.

Categories related to Commercial Property