Land Law Amendment

10/19/2017 Rootlaw http://www.rootlaw.com.tw/en/LawContent.aspx?LawID=A040040090000100-1000615 1/2 Laws Information Title： Land Act Am Date： 2011-06-15 Legislative History： Cancel and amended on June 15, 2011 Transaction Amendment Article 34-1 For the disposal of ownership, or changes of, or setting encumbrance of superficies, Agricultural Right , Servitude of real property, or dien over co-owned land or constructional improvements, the consent of more than half of the Co-owners whose holding of ownership is more than half of the total share shall be required. But if the holding of ownership is more than two thirds, the numbers of consenting co-owners need not be taken into account. Before the disposal of ownership, or changes of, or setting encumbrance over co-owned land or constructional improvements according to the provisions referred to in the preceding paragraph, the co-owners shall notify other co-owners in writing in advance. The co-owners shall make a public announcement in case there is difficulty notifying other co-owners in writing. The co-owners referred to in Paragraph one are liable for the repayments or compensation which other co-owners are entitled to. When applying for the registration of changes in land rights, the co-owners shall submit the evidence of other co-owners being paid or the payment being deposited to the local court. If other co-owners will be granted with property ownership as a result of the said change, the co-owners shall apply, on behalf of other co-owners, for the registration of the said change. When co-owners dispose of their shares of ownership, other co-owners shall have preferential right, individually or jointly, to purchase the said shares on the same terms as are offered to any other person. The provisions of Paragraph one to four, mutatis mutandis, apply to co-ownership-in-common. When co-owners fail to reach an agreement, by themselves, of the subdivision of co-owned land or constructional improvements of which subdivision is allowed according to Act, any co-owner may apply to the competent Municipal or County Land Office for conciliation. Any party who refuses to abide by the terms of the conciliation shall, within 15 days of receipt of the notice of the said terms, bring the case before the judicial authorities for settlement. If he fails to bring the case before the judicial authorities within the said time limit, the terms of the conciliation shall be carried out accordingly. Article 172 The land value tax shall be levied on the landowner. In the case of any land subject to dien, the said tax shall be paid by the dien-holder. Article 8 (Cancelled). Article 34 (Cancelled). http://www.rootlaw.com.tw/en/LastUpdate.aspx http://www.rootlaw.com.tw/en/LawSearch.aspx http://www.rootlaw.com.tw/LawSearch.aspx http://www.rootlaw.com.tw/ http://www.rootlaw.com.tw/LawContent.aspx?LawID=A040040090000100-1000615 http://www.rootlaw.com.tw/en/LawArticle.aspx?LawID=A040040090000100-1000615 http://www.rootlaw.com.tw/en/LawArticle.aspx?LawID=A040040090000100-1000615&ShowType=Section http://www.rootlaw.com.tw/en/LawArticleSearch.aspx?LawID=A040040090000100-1000615 http://www.rootlaw.com.tw/en/LawHistory.aspx?LawID=A040040090000100-1000615 10/19/2017 Rootlaw http://www.rootlaw.com.tw/en/LawContent.aspx?LawID=A040040090000100-1000615 2/2 Article 175 (Cancelled). TEL：02-2707-2848 FAX：02-2708-4428 106 3F., No.162-12, Sec. 3, Xinyi Rd., Taipei City 106, Taiwan (R.O.C.) COPYRIGHT (C) 2000-2003 ROOTLAW ALL RIGHTS RESERVED. MAIL TO WEBMASTER. http://www.rootlaw.com.tw/incContact.aspx