The Court found that section 33 violates Human Rights Convention provisions on the protection of property rights.
Thus, the landowners claim that no land lessees may extend the old party agreements without taking into account inflation.
“ It’s a great victory for both landowners and for the respect for agreements”, says Chairman of the Norwegian Forest Owners’ Association, Olav A Veum, to NRK.no.
The controversial Section 33 of the Act provided that the secured land for residential or holiday home’s right to claim the extension attached to the same conditions as before – without limit of time.
The decision could force the Parliament to amend ground lease law so that landowners have the opportunity to adjust the ground rent when old contracts expire and be renewed.
Former Minister of the Department (Socialist) of Justice, Mr. Storberget found the decision unbelievable and said the government needed to consider an appeal!
A very interesting observation; so the Socialists think that land shall be given away for free after a few years of lease?