Conversion of Perpetual Usufructs to Freeholds, One Year On
December 12, 2019
By Anna Czajkowska
Originally published in PMR Construction Insight: Poland
On 20 July 2018, the Sejm enacted an “Act on the transformation of the right of perpetual usufruct of housing properties into freehold ownership” (henceforth “the Act”), which provided for the conversion of perpetual usufructs of housing properties to freeholds as of 1 January 2019. One year on is a good time to reflect on how the Act is working out in practice.