As Mr. István Nagy, Minister of Agriculture explained in September 2018, „the undivided joint ownership paralyses the Hungarian economy, and from a competitiveness point of view it is essential...

The Constitutional Court of Hungary declared that this provision is contrary to the Fundamental Law of Hungary since the right to seek proportional compensation cannot be excluded by law.

The Hungarian Chamber of Agriculture (HCA) submitted a package of proposals to the Hungarian Parliament in June 2018 with the aim of improving the competitiveness of Hungarian agriculture.

At the beginning of October 2017, a new ministerial decree entered into force on the classification of arable lands.

In case the obligor breaches the restrictions of the acquisition, as a first step he/she must comply within six months with the conditions that are necessary for the maintenance of the lawful status.

The acquisition of real property in Hungary may seem to entail just a few administrative steps, but if one looks closer there could be a few pitfalls.

The Supreme Court of Hungary issued a Civil Law Opinion on 24 June 2009 on various practical issues concerning pre-emption rights, as governed by the Civil Code.

In a classical sense, a "greenfield investment" is the construction of a new industrial unit in a territory previously used as agricultural area.