... issue (leasing to farmers) for a period of 7 years (not 5, not 6, but 7 years), then they will pay UAH 20,000 once. Is there any legal confirmation of such information?
... issue (leasing to farmers) for a period of 7 years (not 5, not 6, but 7 years), then they will pay UAH 20,000 once. Is there any legal confirmation of such information?
The law defines the following:
In accordance with Article 19 of the Law of Ukraine "On Land Leasing", when leasing agricultural land plots for commercial agricultural production, farming, personal peasant farming the validity period of the land lease agreement is determined by the agreement of the parties, but not may be less than 7 years, for agricultural land plots leased for planting and/or growing perennial plantations (fruit, berry, nut, grape), may not be less than 25 years.
In turn, the term of the land lease agreement cannot exceed 50 years.