of October 1, 1993 No. 858-XII
About property
In Turkmenistan the property right is recognized and protected, immunity, equal protection and equal conditions for development of all types and patterns of ownership are guaranteed by the law.
1. The property right - the possibility of the person of law of property acknowledged and protected by the law (further "owner") at discretion to own, use and dispose of property objects.
2. The owner has the right to make any actions which are not contradicting the legislation of Turkmenistan concerning the object of property.
3. The owner has the right to transfer the right of possession belonging to him, uses and orders of property object to other persons.
In the cases provided by the law the obligation can be assigned to the owner to perform limited use of its object of property of other persons. Conditions and limits of limited use are determined by the relevant laws.
4. Implementation of the property right shall not cause environmental damage, violate the rights and interests of citizens, the companies, organizations, organizations protected by the laws of Turkmenistan and the state.
1. The property relations in Turkmenistan are governed by the Constitution of Turkmenistan, this Law and other legal acts of Turkmenistan.
2. Implementation of the property right to historical and cultural monuments is determined by the special legislation of Turkmenistan.
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The document ceased to be valid since November 30, 2015 in compliance with article 31 of the Law of Turkmenistan of 21.11.2015 No. 306-V "About property"