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I have heard of horror stories concerning the Valencia Land Law (LRAU). What are the facts?

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I have heard of horror stories concerning the Valencia Land Law (LRAU). What are the facts?

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The Valencian Community has put into effect a law which allows municipal councils to name private developers as official Urbanising Agents and compel the sale of private land or charge landowners stiff prices to help finance development. The law is called the Ley Reguladora de Actividades Urbanisticas (LRAU).

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