Seventh Amendment to the Legal Framework for Territorial Management Instruments (RJIT)

The Decree-Law No. 117/2024 was published today, introducing the seventh amendment to the Legal Framework of Territorial Management Instruments (RJIT), approved by Decree-Law No. 80/2015, of May 14, in its current wording.

Among the changes introduced by the newly published decree, a special regime has been established allowing, on an exceptional basis, the reclassification of land into urban land. This measure aims to increase housing supply and mitigate the rising costs of housing. Such reclassification is subject to strict criteria to ensure its contribution to the consolidation of urban areas and the sustainable development of the territory.

This decree-law will come into effect on January 29, 2025, except for the amendment to Article 199 of the RJIT, which will come into effect on December 31, 2024.

[Photo by: Daria Lyalyulina, available at unsplash.com]