Lease of Other Land

If an estate or a land area is leased for other purposes than the aforementioned purposes [Lease of a Plot of Land],  [Lease of Other Residential Area] and [Lease of Developed Farmland and Agricultural Land], the provisions of Chapter 5 of the Tenancy Act, regarding leases of other land, are applied. These provisions apply, for instance, when a plot of land is leased to a company for use as an industrial site.

Leases of developed farmland and agricultural land are subject to the general provisions of the Tenancy Act, as well as a number of special provisions, some of which are set out below.

The term of the lease agreement can be either for a fixed term or until further notice. A fixed-term tenancy may not exceed 100 years in duration.

An agreement concerning a fixed-term tenancy may contain other than statutory grounds for termination also.

The tenant shall be entitled to transfer the tenancy to a third party without the landlord’s consent, if the lease agreement is concluded in writing and it has not been agreed otherwise.

The tenant shall be entitled to compensation for renovations only, if such right has been explicitly agreed upon.

Unless otherwise agreed, the landlord is entitled to redeem a building or plant located on the leased land, subject to written notice thereof provided to the tenant prior to termination of the tenancy.