Conversion of perpetual usufruct into ownership of real estate – audits and legal support

Attorneys-at-law, following the intention of dozens of clients of the Law Firm to take advantage of the claim for the sale of landed property, constituting perpetual usufruct, carried out comprehensive legal audits of real estate, as to which the clients have the right of perpetual usufruct.

The execution of the project included:

• obtaining complete documentation from Clients regarding landed properties held in perpetual usufruct,
• verification of the real estates’ legal status, in particular with regard to the dates and methods of establishing perpetual usufruct,
• verification of the legal and factual status of the property based on documentation obtained from the land and building registry,
• verification of the contents of the land and mortgage registers and obtaining the necessary documents from the land and mortgage register files,
• analysis in the field of various options for the development of clients’ land properties, as well as
• recommendations for further course of action.

Thanks to the expertise, experience and commitment on the part of the Law Firm’s lawyers, clients have quickly obtained information as to which of their properties it is possible to successfully direct a claim for the transformation of perpetual usufruct into ownership.

Currently, the Law Firm’s attorneys are preparing the documentation needed to exercise the rights of perpetual usufruct of real estate.

We remind that the deadline for claiming the transformation of perpetual usufruct into ownership expires on August 31, 2024.

You can read about the possibility of acquiring the right of ownership by a perpetual user of real estate here and here.