Article 1. Property Rights

1. Property rights shall be recognized and protected by law in the Republic of Uzbekistan.

2. The owner shall possess, use, and dispose of property belonging to him/her at his/her own discretion.

The owner shall have the right to perform any actions with respect to his/her property that are not contrary to the law. The owner may use the property to engage in any economic or other activity not prohibited by legislative acts.

3. Only the owner shall have the right to transfer the rights of possession, use, and disposal of his/her property to other persons. In cases provided for by the legislation of the Republic of Uzbekistan, the owner may be obliged to allow limited use of his/her property by other persons.

4. The owner shall have the right, within the conditions and scope established by the legislative acts of the Republic of Uzbekistan, to conclude contracts with citizens on the use of their labor in exercising his/her property rights.

Regardless of the form of property on the basis of which a citizenʼs labor is used, the citizen shall be guaranteed the socio-economic rights and guarantees stipulated in the Constitution of the Republic of Uzbekistan and other legislative acts.

5. The exercise of property rights shall not cause damage to the environment, infringe upon the rights of natural persons, legal entities, and the State, nor prejudice the legally protected interests of others.