Emphyteutic_lease

Emphyteutic lease

Emphyteutic lease

Type of real estate contract

An emphyteutic lease is a type of real estate contract specifying that the lessee must improve the property with construction. The term is commonly used in Quebec and France. These sorts of leases are usually associated with government properties.

Rwanda adopted an emphyteutic leasing system in 2013, offering 99-year leases for agricultural land to its citizens, and 20-year leases for residential land.[1]

See also

References

  1. [1]
    http://www.landgovernance.org/assets/20160627-Factsheet-Rwanda.pdf [bare URL PDF]


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