The Brussels government has approved the pre-emption right of tenants when selling their rented homes.
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Ownership in 3D – The new building right
The new building right (“opstalrecht”/“droit de superficie”), incorporated in Book 3 “Goods” of the new Belgian Civil Code, will as of 1 September 2021 create additional legal perspectives for the real estate sector, particularly for complex real estate projects. The division into volumes will be more clearly regulated and, under certain conditions, the building right can even be established in perpetuity.
This short read highlights the main changes.