July 8th was the last day for public consultation on the proposal of the amendment to the Law of Property Code. The proposal brings the following innovations:
- the legal construct of connected properties, which is similar in content to the construct of the condominium. The construct of connected properties regulates cases in which a given property, called ‘ancillary property’, is the same as the common part of a building in condominium, with the difference that in this case it does not serve a particular part of the building, but one or more properties on which the buildings or the single-family houses are located, which are not in condominium;
- the possibility of creating a quasi-property easement for the benefit of a person managing public utility infrastructure for the public benefit for the purposes of managing this infrastructure for a period longer than 30 years or for an indefinite time;
- modernization of the register of non-possessory Liens and Seized movable property for faster and more efficient sign-in with the application.
If the proposal will be adopted, it will be in accordance with the needs of modern business traffic.
