Emphyteutic lease
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]
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Categories:
- Real estate in France
- Property law legal terminology
- Law of obligations
- Real estate in Canada
- Real estate in Rwanda
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