Understanding Surface Rights and Long Leases in Louvain-la-Neuve: An Overview by UCLouvain

2023-11-13 10:09:33

In this complex issue, UCLouvain is walking on eggshells. Sensitivity and transparency are required, so as not to offend the current owners who have sometimes “forgotten” the expiry of the surface rights even though they were included in the original contract. “No one will be thrown out or in difficulty”reassures the university.

For UCLouvain, it is also a question of not scaring away people who have invested elsewhere in the city, this time under the long lease regime. These contracts are absolutely not called into question.

Generally speaking, most of the rights granted to Louvain-la-Neuve were granted for 99 years. And often, there is a renewal clause for single-family or collective housing built in outlying neighborhoods. Thus, when a property is sold, for example, the counter is reset to zero, which allows the new owner to take out a new long lease for 99 years.

But in the 1970s, anticipating its future needs, UCLouvain also concluded contracts with shorter maturities, without a renewal clause, for buildings located on the slab. This was the case for this famous building on Place de l’Université whose surface rights will expire in 2026.

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