Sept. 6, 1942

Act XV. of 1942 about the Land and Forest Ownership of Jews [Hungary]:  “Part I. General Provisions Section 1 (1) For the purposes of this Act the classification of non-Jews and Jews shall be performed pursuant to the provisions of sections 9 and 16 of Act XV. of 1941. (2) The provisions of this Act relating to Jews shall be applicable also to business organizations, trading organizations, associations and other legal entities, provided that the majority of the members of the leadership, the board of directors, the supervisory committee, the members of the company, or the majority of the owners of the registered capital of a company are Jews, or more than half of a company’s capital is in Jewish ownership … Part II.  Ban of the acquisition of real estate ownership Section 2 Jews shall not be allowed to acquire real estate ownership in plots of land, or in forests, or any other real property in small and in large municipal settlements either via a legal transaction comprising direct purchase, or via auctions. Part III. Mandatory relinquishment of ownership rights to real estate holdings of land, or forests Section 3. (1) A mandatory requirement shall be imposed on Jews to relinquish their ownership rights to their real estate holdings of land, or forests. … (2) Furthermore, a mandatory requirement shall be imposed on Jews to relinquish their ownership rights to their real estate holdings on the premises of small, or large municipal settlements as well as ownership rights to their real estate holdings that are not subject to the provisions of sub-section (1) hereof, except for their houses where they live and yards and gardens attached to such residences, provided that such yards and gardens are not larger than the necessary, or customary size.”
Courtesy: Parliamentary Library – Public Services Department, Budapest, Received 4/17/2014, Received and Translated by Sandor Mesterhazy, Language.net, 4/20/2015