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There was an attachment placed on my immovable property prior to bringing a court action. Therefore I’m unable to act with my property until the dispute won’t be finally settled in the court, which may take a lot of time. The claim of the plaintiff is absolutely unfounded. What can be done in this case?

How to calculate and optimize immovable property tax in Latvia

Property relations of spouses

Residence permit for investors

I want to buy a garage for my son. He’s married. How to make an entry in the Land Register so that the garage is deemed his own private property. I don’t want to execute this transaction in two stages, i.e. to register myself as the owner and then make the property over to my son by means of the gift. Is there a way to make this transaction in one go? I don’t want to ask the wife of my son to sign any documents.

Deposit as a means of enforcing obligations

While some think, others buy

Important changes in laws from January 01, 2014. Updated.

I’m not able to perform the obligations of the mortgage loan agreement due to financial difficulties for about 6 months now. The bank (in Latvia) is ready to extend the loan repayment period only in case of my consent to the amendments of the loan agreement, which prescribe the rise of the interest rate. Otherwise my property will be sold through auction. Is there any way to solve this problem?

I’ve given immovable property (an apartment) to my relative as a gift in 2005, but prior to that received a mortgage loan, which was secured by husband’s property. At the moment I’m unable to pay the loan, so probably the bank will sell the pledged property of my husband through auction. I’m afraid the money received from the sale of the pledged property won’t suffice to fully satisfy the debt, and the bank, knowing about the gift I made, will demand satisfaction of the debt from the apartment gifted to my relative.