BUYING AND SELLING PROPERTY IN LATVIA
There are various transaction risks when buying or selling a real estate in Latvia.
Documents required when selling a real estate in Latvia
Both parties are required to submit the following documents in the Land register of Latvia:
- registration form prepared by a notary;
- the real estate sale-purchase agreement;
- the receipt of payment of the real estate tax;
- approval from the municipality if needed;
- payment of the stamp duty.
How can a lawyer help with this type of transaction?
- Lawyer will check all documents – cadastral survey file, property documents etc.
- Lawyer will make a legal investigation of the property.
- Will prepare all documents.
- Will help to register the transfer of property rights in the Land Register of Latvia.
Buying and selling property in Latvia