LAW on Seizure and temporary holding of Real Estate and on its utilization for the state and public needs

Adopted by the Constituent Assembly of Georgia and the Government of Georgia on

11 July 1919

Extract

If the state runs the business the property was seized for, or right to utilization is decided, the state shall pay 100 000 roubles to the property owner before seizure if the value of property or damage exceeds 100 000 roubles, and the rest of amount shall be paid no later that within a year from the day of seizure in equal portions together with the profit specified for in Article 10.

If the business is run by city or society and the value of property or damage exceeds 75 000 roubles - in Tbilisi, 50 000 roubles – in Kutaisi, Poti and Sukhumi, and 25 000 roubles – in other towns and districts, the owners shall receive 75 000 roubles before seizure in Tbilisi and 25 000 roubles in other towns and districts. The rest of money will be paid within 6 years from the day of seizure in equal portions together with the profit specified for in Article 10.

(Collection of Legal Acts of the Democratic Republic of Georgia. Tbilisi, 1990, p. 308/in Georgia)