Article Emhyteusis rights (long lease) and superficies (building rights) in the new Belgian Property Law was published on July 1, 2021 journal European Journal (volume 10, issue 1).

For leased equipment the lessor incurs penalty costs for failures occurring over the lease period and for not rectifying such failures within a specified time limit. Through preventive maintenance actions the penalty costs can be reduced but this is achieved at the expense of increased maintenance costs. The paper looks at a periodic preventive maintenance policy which achieves a tradeoff betwe...