A rustic good is that type of real estate that is considered as non-urban or developable. It is usually used for agricultural or livestock exploitation, among other uses.
According to the regulations of each territory in question, a rustic property corresponds to a portion of land that is not legally conceived to undergo urban transformation. In other words, it is a type of real estate that is different from that of an urban good and that has special conditions.
In other words, it is not possible to build on that tract of land legally. The motivation for this implicit prohibition usually responds to the existence of an ecological or agricultural factor.
All rustic goods must be duly registered in the cadastre with said condition and valued taking into account said classification together with its extension and physical situation. In the same way, there must be a public and legal record of the use or function that said rustic asset has.
Although the most common is that this type of soil is intended for intensive cultivation and livestock exploitation, there is a greater variety of uses that a rustic good can have depending on its nature or the use that its owner gives it.
Main functions of a rustic good
Goods considered rustic in municipal regulations fulfill a series of functions that establish this classification compared to urban goods:
- Intended for economic exploitation: agriculture or livestock
- Forest extension or nature reserve
- Well of ecological, landscape interest or as a recreational garden
- Other modalities, such as mining operations or piers
It is possible that the same rustic property is subdivided into different plots according to different uses or types of land that it has. In this way, it is common that in rustic farms destined to the cultivation of cereal and cattle raising alike, they have two cadastral references corresponding to each of said parcels.
Tags: Argentina Colombia famous-phrases