The Constitution of Ukraine guarantees the title to land. This title may be acquired and exercised by individuals, legal entities and the state only on the grounds and in accordance with the procedure prescribed by the law.
Thus, according to the Land Code, there is land redemption in addition to privatisation.
The general rule is that public lands are sold via land auctions. However, there are some exceptions when lands are redeemed directly rather than following the bidding procedure.
The options that allow avoiding the auction constitute the exhaustive list of cases, including the land plots with the private real estate developed there.
Thus, if you own the real estate item, you can legally register the title to the land under the item at the par value.
The immediate algorithm for purchasing the land plot can depend on many factors, from whether the plot has been formed as an object of civil rights, what the intended use of the land plot is, or whether the urban development documentation is consistent with the planned reconstruction project.
The title gives a number of advantages as well as obligations.
In Real Estate and Construction field
Winner in the Construction and Real Estate category
According to the Ukrainian Real Estate Club
5th place in Real Estate Practice category
5th place in Land Law category
“In the seven years of our cooperation, I have never regretted choosing this company as a legal advisor. During the whole period of stormy trials that befell us, the team at Totum has always effectively defended our interests, both in conflicts with law enforcement agencies and in attempts to raid our business.”
“The rapid development of our business has necessitated the expansion of our capacities. Totum’s team of legal advisers professionally provides us with legal support for these processes.”
“An experienced team of professionals and masters of their craft. More than once they helped us resolve land issues, including extending the term of land lease agreements, conducting division procedures, allocating land plots, preparing the necessary documents for concluding agreements and protecting the company’s interests in court.”
“Kovalska Industrial and Construction Group would like to express its respect and sincere gratitude for many years of fruitful cooperation, when the experts of TOTUM Law Firm have established themselves as a team of top professionals ready to provide quality and professional legal support in the most difficult issues.”
“We would like to express our sincere gratitude personally to the partners and lawyers practising Land and Agrarian Law for conducting thorough and highly professional analytical work on the possibility of expanding the airport.”