The municipality’s monetary claim for failure to transfer ownership of premises or buildings in accordance with the requirements established under the “premises-for-land” settlement and its protection

On 1 April 2021, the Act of 16 December 2020 on the disposal of real estate with “premises-for-land” settlement has entered into force. It enables municipalities (and, as of 10 August 2022, also counties) managing a real estate resource to take advantage of a possibility to settle the price of a dis...

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Main Author: Szymon Słotwiński
Format: Article
Language:English
Published: Wydawnictwo Naukowe Uniwersytetu Mikołaja Kopernika 2022-12-01
Series:Prawo Budżetowe Państwa i Samorządu
Subjects:
Online Access:https://apcz.umk.pl/PBPS/article/view/42335/35507
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author Szymon Słotwiński
author_facet Szymon Słotwiński
author_sort Szymon Słotwiński
collection DOAJ
description On 1 April 2021, the Act of 16 December 2020 on the disposal of real estate with “premises-for-land” settlement has entered into force. It enables municipalities (and, as of 10 August 2022, also counties) managing a real estate resource to take advantage of a possibility to settle the price of a disposed land property not only with a monetary consideration and to transfer certain number of premises or developed land properties to the former owner in a rather innovative manner. This article focuses on how to determine the value to be offset and the risks involved which in the event of the investor’s failure to fulfil his obligation to transfer ownership of the premises or built-up property becomes a monetary claim owed to the municipality that is protected in a special way. In this case, the provisions of the Act point to the specific manner of determining the amount of the claim due to the entitled municipality, but also refer to the primary means of disciplining the debtor (investor) in its proper performance in the form of an obligation to pay a monetary sum representing 150% of the price of the real estate which ownership the investor has undertaken to transfer to the municipality under the “premises for land” settlement.
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language English
publishDate 2022-12-01
publisher Wydawnictwo Naukowe Uniwersytetu Mikołaja Kopernika
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series Prawo Budżetowe Państwa i Samorządu
spelling doaj-art-d75fe0b3f6ec4594af90cf6d7afd06c62025-01-02T05:44:07ZengWydawnictwo Naukowe Uniwersytetu Mikołaja KopernikaPrawo Budżetowe Państwa i Samorządu2300-98532353-70862022-12-011048711310.12775/PBPS.2022.024The municipality’s monetary claim for failure to transfer ownership of premises or buildings in accordance with the requirements established under the “premises-for-land” settlement and its protectionSzymon Słotwiński0https://orcid.org/0000-0002-9763-6747University of Szczecin, PolandOn 1 April 2021, the Act of 16 December 2020 on the disposal of real estate with “premises-for-land” settlement has entered into force. It enables municipalities (and, as of 10 August 2022, also counties) managing a real estate resource to take advantage of a possibility to settle the price of a disposed land property not only with a monetary consideration and to transfer certain number of premises or developed land properties to the former owner in a rather innovative manner. This article focuses on how to determine the value to be offset and the risks involved which in the event of the investor’s failure to fulfil his obligation to transfer ownership of the premises or built-up property becomes a monetary claim owed to the municipality that is protected in a special way. In this case, the provisions of the Act point to the specific manner of determining the amount of the claim due to the entitled municipality, but also refer to the primary means of disciplining the debtor (investor) in its proper performance in the form of an obligation to pay a monetary sum representing 150% of the price of the real estate which ownership the investor has undertaken to transfer to the municipality under the “premises for land” settlement.https://apcz.umk.pl/PBPS/article/view/42335/35507premises for real estatestatutory penaltycommunal real estate stock
spellingShingle Szymon Słotwiński
The municipality’s monetary claim for failure to transfer ownership of premises or buildings in accordance with the requirements established under the “premises-for-land” settlement and its protection
Prawo Budżetowe Państwa i Samorządu
premises for real estate
statutory penalty
communal real estate stock
title The municipality’s monetary claim for failure to transfer ownership of premises or buildings in accordance with the requirements established under the “premises-for-land” settlement and its protection
title_full The municipality’s monetary claim for failure to transfer ownership of premises or buildings in accordance with the requirements established under the “premises-for-land” settlement and its protection
title_fullStr The municipality’s monetary claim for failure to transfer ownership of premises or buildings in accordance with the requirements established under the “premises-for-land” settlement and its protection
title_full_unstemmed The municipality’s monetary claim for failure to transfer ownership of premises or buildings in accordance with the requirements established under the “premises-for-land” settlement and its protection
title_short The municipality’s monetary claim for failure to transfer ownership of premises or buildings in accordance with the requirements established under the “premises-for-land” settlement and its protection
title_sort municipality s monetary claim for failure to transfer ownership of premises or buildings in accordance with the requirements established under the premises for land settlement and its protection
topic premises for real estate
statutory penalty
communal real estate stock
url https://apcz.umk.pl/PBPS/article/view/42335/35507
work_keys_str_mv AT szymonsłotwinski themunicipalitysmonetaryclaimforfailuretotransferownershipofpremisesorbuildingsinaccordancewiththerequirementsestablishedunderthepremisesforlandsettlementanditsprotection
AT szymonsłotwinski municipalitysmonetaryclaimforfailuretotransferownershipofpremisesorbuildingsinaccordancewiththerequirementsestablishedunderthepremisesforlandsettlementanditsprotection