Presidential Decree No. 485 of 1997 regarding the guarantees to the real estate owners for the purchase of the plots of land on which their property is situated. | Land Portal

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LEX-FAOC022303
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The President, for the purpose of promoting effectual land tenure, decrees that the priorities of purchase of the plots of land (or the shares of them), on which are situated previously privatized edifices, have physical and juridical persons that own these edifices. The Decree establishes that the property put on sale regards plots of land (or the shares of them) that had been previously conceded to a tenant or a leaseholder on condition of permanent (limitless) tenure, lifelong ownership with the right of inheritance or of limited tenure, including rent. The Government is compelled to conform its Legislative Acts to this Decree.

Amended by: Presidential Decree No.1474 of 1999 regarding conformation of the Presidential Decrees to the Urban Code. (1999-11-03)

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Founded in the 12th century, the Principality of Muscovy was able to emerge from over 200 years of Mongol domination (13th-15th centuries) and to gradually conquer and absorb surrounding principalities. In the early 17th century, a new ROMANOV Dynasty continued this policy of expansion across Siberia to the Pacific. Under PETER I (ruled 1682-1725), hegemony was extended to the Baltic Sea and the country was renamed the Russian Empire. During the 19th century, more territorial acquisitions were made in Europe and Asia.

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