Reform of property law –Building rights in real estate developments
The new book 3 contains important changes about the right to build (opstalrecht / droit de superficie). As building rights are frequently used in the context of real estate development, we analyse their impact below. In addition, we discuss two case studies on the use of building rights in real estate development projects.
The right to build is now defined as a temporary right of ownership on the volumes located on, above or under someone’s land.