Redemption of Ground Rent

Aim:

To convert temporary emphyteusis to perpetual emphyteusis and redeem ground rent.

Criteria:

1. Applications for the redemption of ground rent burdening plots of land granted on temporary emphyteusis, or temporary emphyteusis later on converted into a perpetual one or on perpetual emphyteusis under the Home Ownership Scheme by the Commissioner of Land prior to 1979.

2. Applicants must be the emphyteuta of the plot, are not in arrears in payment of ground rent, and are occupying the house built on plot.

3. The ground rent is redeemed at a rate of 5%.

Click here to downlaod the conditions and application form for this scheme.

Click here to download the declaration for means testing.