Perpetual usufruct (right of perpetual
usufruct
Usufruct () is a limited real right (or ''in rem'' right) found in civil-law and mixed jurisdictions that unites the two property interests of ''usus'' and ''fructus'':
* ''Usus'' (''use'') is the right to use or enjoy a thing possessed, directl ...
, RPU) is the English-language term often used by Polish lawyers to describe the Polish version of public ground lease. It is usually granted for 99 years, but never shorter than 40 years, and enables leasehold use of publicly owned land, in most cases located in
urban area
An urban area, built-up area or urban agglomeration is a human settlement with a high population density and infrastructure of built environment. Urban areas are created through urbanization and are categorized by urban morphology as cities, t ...
s. Although it does not give
freehold
Freehold may refer to:
In real estate
*Freehold (law), the tenure of property in fee simple
*Customary freehold, a form of feudal tenure of land in England
*Parson's freehold, where a Church of England rector or vicar of holds title to benefice p ...
rights, buildings located on such land can be owned directly by private parties. The Act of the transformation of the right of perpetual usufruct into freehold ownership of real estate of 29 July 2005 (Dz.U. 2005 nr 175 poz. 1459) made the transformation possible in specific cases.
See also
*
Emphyteusis
Emphyteusis (Greek: implanting) is a contract for land that allows the holder the right to the enjoyment of a property, often in perpetuity, on condition of proper care, payment of tax and rent. The right encompasses assignment and of descent.
His ...
External links
RPU explained
{{Poland-stub
Property law
Civil law (legal system)
Law of Poland