Decree No. 896, Law on transferring rural state property suitable for agriculture and livestock to the beneficiaries of agrarian reform, 18 February 1988.
This Law creates a Special Technical Commission in El Salvador to collect information, investigate, and make decisions on the transfer of property belonging to the State. State property includes property belonging to the State at the national, regional, and local levels as well as land belonging to official autonomous institutions and public law corporations. Such property is eligible for transfer if it is not indispensable for state activities and if it is suitable for agriculture. Under the Law, all government bodies, official autonomous institutions, and public law corporations have the duty to report to the Commission the status of their property. After the Executive determines which properties are to be transferred, the property will be paid for through agrarian reform bonds. The property will be transferred to farmers with no land or with insufficient land and to farming cooperatives. Preference will be given to farmers without land and to those who have been exploiting the land subject to transfer. Persons acquiring land will pay for it through mortgages in favor of state agrarian reform agencies.