2024

Revision of the upper threshold for the lease of communal agricultural land for perennial plantations

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The draft proposes to establish that if the agricultural land is leased for a period of 25 years for the purpose of establishing a perennial plantation included in the list established by the RA government, then the lessee has the right to submit a request to extend the contract for another 25 years at least one year before the contract expires, which is met if the lessee has properly fulfilled all the obligations under the contract, and in case of extension of the contract term, the amount of rent for the new term must be in accordance with RA requirements set by law.