of May 7, 1999 No. 665-IQ
About the land market
This Law establishes bases of the organization of the land market and regulation of economic and legal relations in the land market in the Azerbaijan Republic.
The concepts used in this Law express the following values:
* the land market - the economic and legal relations arising in processes of land turnover between state bodies, municipalities, physical persons and legal entities in connection with purchase and sale of the parcels of land, their transfer to mortgage, donation, and also change in other forms of the property right, the rights to use and lease;
* turnover of the parcels of land - change in the procedure for the property right, the rights to use and lease of the parcels of land, transition of lands established by the legislation of the Azerbaijan Republic from one category in another and transformation within categories.
The legislation of the Azerbaijan Republic on the land market consists of this Law, and also other legal acts of the Azerbaijan Republic.
If the regulations of the relations of the land market established by the interstate agreements supported by the Azerbaijan Republic will differ from the rules provided by this Law rules of international treaties are applied.
The relations in the field of the organization of the land market and regulation of economic and legal issues in the land market in the Alyatsky free economic zone are regulated according to requirements of the Law of the Azerbaijan Republic "About the Alyatsky free economic zone".
The purpose of the legislation on the land market - establishment of general rules of the relations of the land market in the Azerbaijan Republic and ensuring protection of property rights on the earth.
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