Abstract

Motivation: Substituted property is a concept appearing, among other places, in the real property expropriation procedure. Its most frequent use is in the context of granting an equivalent of expropriated property. Historically, this concept has been used in reference to different regulation. Aim: In this article the statutory definition of substituted land (parcel) has been found and its ongoing pertinence subjected to analysis. Results: A new definition of substituted property is proposed along with amendment of the provisions of the Real Property Management Act (1997), one which may contribute to popularizing the concept of substituted property as an equivalent of expropriated real estate.

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