The amendments of the Act on the Transactions in Agricultural
and Forestry Land (Land Act) entered into force on 11 January 2019.
Based on the new rules, in the approval procedure of the sale and
purchase agreement for agricultural lands, the regional entity of
the Hungarian Chamber of Agriculture as local land committee will
prepare an opinion whether the sale and purchase agreement is in
compliance with the aspects included in the Land Act (e.g.
transparency of the relationship of tenures, preventing speculative
land acquisition). The amendment determines the conditions that
shall be considered in the course of the assessment of the
compliance with these aspects, such as the purchase price of the
land, the lands already owned by the purchaser, or how the sale and
purchase of the land serves the acquisition of ownership of young
farmers or new agricultural producers.
