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We are willing to buy a house and two plots of land underneath it. The house was built about 20 years ago, but has not yet been in commission and is not registered in any way. The owner of the house owns the plot of land on which the house is located, as well as the adjacent plot on which part of the house is located. Could you please advise, what should I pay attention to in this transaction and are there any penalties that can be imposed?
...the possibility of further separation. Due to the very fact of unfinished construction, no other fines (except for the increased real estate tax rate of 3%) should be imposed, unless...
Residence permit for pensioners from visa-free countries
...securities or monthly income from rental real estate) are not taken into account. A residence permit for the same period as the pensioner himself can be obtained by his spouse,...
The account maintenance agreement stipulates the bank’s right to close the account if the internal control system of the client who is the subject of the Law on the Prevention of Money Laundering and Terrorism and Proliferation Financing, does not comply with legal requirements. Is the company selling building supplies a subject of the Law?
...lawyers (in specific cases specified by law);5) providers of establishment and operation of legal arrangement or legal person;6) intermediaries in real estate transactions;7) organisers of lotteries and gambling;8) cash collectors;9)...
Issuance of residence permits to citizens of Russia and Belarus has been suspended
...again on the basis of investments (in the authorized capital of a Latvian company, in real estate, in a credit institution), but the object of investment has changed. In addition...
A foreign company is registered on your address – what to do?
...of Enterprises. Based on the foregoing, the Register of Enterprises shall not be entitled, upon application of the owner of real estate or on its own initiative to make entries...
Registration of an inheritance
...the denial to separate a marital share from the inheritance; Separation of compulsory and marital share of compulsory inheritors; Restoration of inheritance rights in respect of property and real estate;...
Rent, lease and gratuitous use
...and additions to concluded contracts; developing concepts and schemes to protect the interests of the lessor or lessee in case of disputable situations; registration of real estate lease rights with...
Complex legal assistance
...contracts, courts, regulatory enactments, taxes, audit, establishment of commercial structures, representation, real estate, security issues of transactions, etc. A whole team of experienced, multi-profile lawyers 100% privacy of all processes...
Important changes in the Latvian tax legislation in 2018
...income tax; a general tax rate of 20% is introduced for capital income, including capital gains (currently 10% and 15%); in case of alienation of non-residents’ real estate to a...
Residence permit in Latvia. Questions and answers
...Yes, sure. “Riga Resident’s Card” can be obtained by all residents of Riga (i.e. those having declared their residence in Riga or persons who own a real estate in Riga),...
