The Slovak Parliament approved an amendment to Act No. 504/2003
Coll., on Agricultural Land Lease, Agricultural Holdings and Forest
Land, as amended. The amendment introduces a relatively large
number of changes in provisions concerning
the lease of agricultural land for business purposes.
The amendment is currently awaiting the President´s
signature and the vast majority of changes should come into force
on May 1, 2018. The amendment removes the automatic renewal
of lease agreements (currently in force in cases where one
year before the expiry of a lease agreement neither the lessee nor
lessor invites the other party in writing to return/take over the
leased land after expiry). There will also be changes in
provisions concerning the right to a pre-emptive lease.
This right will only be preserved for lessees who use the land and
will not apply to cases in which the ownership of leased land has
been transferred to another person. In the event of a breach of