This Law establishes that public property can be movable and immovable objects, including plots of agricultural land and public forest. It establishes the terms and conditions for privatization of public property. Privatization of public property shall be performed in accordance with purchase and sale contracts.
The purpose of this Law establishes criteria for calculating damages for the cultivation of land allocated for non-agricultural purposes. In the event agricultural land is allocated for non-agricultural purposes, substitute land cultivation costs shall be reimbursed and appropriate damages caused by the deprivation or temporary tenure of land shall be paid.
This Law regulates legal issues related to status, land area, boundaries and particulars of management and functioning of protected areas. It is related to protected areas that include unique natural ecosystems containing land area, forested areas, water areas and objects of historical and cultural heritage.
This Law establishes legal basis for carrying out either foreign or local investments end ensuring their protection. The purpose of the Law is to establish legal basis for promotion of investments. Investments are all types of property and intellectual values and rights invested and used in entrepreneurial activity on the territory of Georgia for the purpose of making profit.
The scope of this Law shall be protection of the national cultural heritage and regulation of legal relations originating in this sphere. It shall be applicable to the entire cultural heritage present on the national territory.
This Law regulates the issues related to concession of the right of private ownership of non-agricultural land pertaining to state property conceded in lease to physical and legal persons.