An evaluation of the transformation of the perpetual usufruct right to the real estate property right Ocena opłacalności przekształcenia prawa użytkowania wieczystego w prawo własności nieruchomości

This article presents the analysis of profitability of the transformation of the perpetual usufruct right into the property right, at various moments of binding of this right, on the basis of the empirical formula presented in the respective act of law – the Ordinance of the Council of Ministers, co...

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Bibliographic Details
Main Authors: Witold Wielicki, Adam Dobek
Format: Article
Language:English
Published: University of Life Sciences in Poznań 2007-12-01
Series:Journal of Agribusiness and Rural Development
Subjects:
Online Access:http://www.jard.edu.pl/tom385/zeszyt6/art_3.pdf
Description
Summary:This article presents the analysis of profitability of the transformation of the perpetual usufruct right into the property right, at various moments of binding of this right, on the basis of the empirical formula presented in the respective act of law – the Ordinance of the Council of Ministers, concerning real estate appraisal and the estimate statement. It has been analysed how the fee for the transformation method of the perpetual usufruct right to the property is modified depending on the adopted rate of capitalization, the interest rate on the annual fee, and the number of remaining years of the unused perpetual usufruct right.
ISSN:1899-5241
1899-5772