New conditions for sale and purchase of agricultural land outside built-up areas

The changes imposing new conditions for the sale and purchase of agricultural land outside built-up areas are part of a larger European context to protect agricultural land, similar provisions have been introduced in a significant number of countries across the EU. Nevertheless, these amendments were not received well by many industries, as they will make very difficult and cumbersome any transactions in respect of agricultural land outside of built-up areas.

The article has been prepared by Letitia Silaghi, Senior Associate at our Romania office and more information about the main changes brought by this legislative change may be found by opening the link herein.

PETERKA & PARTNERS Romania remains available for detailed information regarding this topic, as well as for other legal issues connected to your business.

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