As previously explained, on 17 March 2020, the law of 4 February 2020 containing Book 3 "Goods" of the Civil Code was published in the Belgian Official Gazette. The new Book 3 contains new legal provisions regarding property, easements, mortgage publicity etc., including new provisions on long-term leases.
One of the changes is that the obligation to pay a periodic fee, an essential element for a long-term lease, will disappear. Also, the minimum duration of 27 years will be shortened to 15 years and it will be possible to establish a perpetual leasehold right for public domain purposes.
Below you will find a handy overview of the most important changes that will be implemented regarding long-term leases.
For the article on the Wolters Kluwer website in Dutch, click here
Timeline Book 3