Basic Issues of Land Prices in Hungary

Abstract

In this study, the authors present and analyse the practice of land pricing in Hungary in the light of recent legislative changes, regarding the possibilities of the Hungarian Chamber of Agriculture and agricultural administrative body, as well as the relevant judicial practice. Starting from the relevant constitutional and statutory provisions, the study describes, through pragmatic examples, the old-new problems related to the determination of land prices. The study concludes that the opinions of forensic experts continue to play a decisive role in the determination of land prices and their disproportionality, and that the courts take them into account in all cases when making their decisions. In addition, several other questions ‘have not yet been answered’ by a court decision, such as the question of the bearing of the costs of the lawyer’s fees or (forensic) expert's opinion included in the contract.