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The document ceased to be valid since March 1, 2019 according to the article XVII of the Law of the Republic of Moldova of November 15, 2018 No. 133

LAW OF THE REPUBLIC OF MOLDOVA

of May 15, 2003 No. 198-XV

About lease in agricultural industry

(as amended on 07-03-2019)

The Parliament adopts this organic law.

Chapter I General provisions

Article 1. The purpose of the law and the sphere regulated by it

The purpose of this law is creation of the legislation for consolidation of the rent relations in agricultural industry, determination of subjects and object of such relations, rights and obligations of lessors and lessees.

Article 2. Basic concepts

In this law the following basic concepts are used:

lease in agricultural industry - delivery based on the agreement of the parcels of land and other agricultural property in ownership and use for certain term for certain payment;

the lessor - physical person or legal entity which is owner or other legal owner of leasable agricultural property. The group of owners of agricultural property can be the lessor also;

the lessee - the legal entity and/or physical person respectively taking the location and/or the residence in the Republic of Moldova leasing agricultural property;

agricultural property - fixed assets (farmlands, including being within settlements and the earth of reserve fund, the machine, the equipment and equipment for accomplishment of agricultural works, structures, including hydrotechnical, the platforms, places intended for storage of agricultural products, and adjoining to them the territory, the animals used in agricultural process) and, on circumstances, current assets;

the lease agreement - the agreement signed between one party - the owner or other legal owner of the parcels of land or other agricultural property (lessor) and other party (lessee), about operation of this property throughout certain term for the payment established by the parties;

the hire charge of farmlands - the remuneration paid to the lessor for use of the lands leased to them;

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