Emphyteusis – the term refers to long-term rental of land or buildings including the exclusive enjoyment of all product of this plot and the exercise of all property rights typically reserved for the property owner such as permitting a right of passing through the plot. Per the Bulgarian Property Law this type of rental term cannot be longer than 10 years, and the renter does not have the right to set-up mortgages or to secure leans with the land they use, for example.

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