Are there any other ways of restricting disposals with a property?
Another type of restriction of disposal with real properties are easements, which, for example, establish the right of a third party (other than the owner) to use the property or the right of the owner...
What is the property tax rate? When is it due?
Every owner of a real property (apartment, house, land) registered as the owner in the Land Register, as at 1 January of the given year, must file a property tax return by the end of...
Is it possible to buy an apartment for someone else, for example, for an underage child?
Yes, a person has the right to acquire property from his birth. This means that even a minor may own a property. Nevertheless, a child only becomes competent to enter into agreements upon coming of...
What is required for successful registration in the land register?
Essential for successful registration in the Land Register is a written agreement on the basis of which the real property is transferred or passes to a third party. Aside from the said agreement (title transfer...
Studios are categories of non-residential units that have all the attributes of an apartment – i.e., bathroom and toilet, kitchen corner, but for reasons of hygiene regulations (noise limits, level of lighting), they cannot receive an occupancy permit as apartments, only as non-residential premises – studios. A person cannot register his permanent residence there, but they can be rented. Nevertheless, such a lease agreement should be phrased as an agreement on the lease of a non-residential unit. If the buyer of a studio is a VAT payer and he uses the studio for economic activities, he can request a VAT refund, thereby obtaining back a fifth of the price of the property.
Accommodation units also qualify as non-residential premises that meet all requirements of habitation, but in certain cases, permanent residence can be registered in them.
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