Written by Richard Gürlich
of GÜRLICH & Co.
PARTNER ARTICLE
Purchase of real estate
The question of real estate purchases is presently enjoying great interest, due to the desire of many people to live in their own dwelling and, for example, as a result of entrepreneurial activity. Additionally, relating to real estate contracts, there could be a few legal pitfalls that I will refer to. Due to the comprehensive nature of this subject it is necessary to split it up into several partial stages.
These stages can be categorised as follows:
1. Reservation contract
4. Purchase Contract
– Purchase contract for a plot of land or a house
– Purchase contract for a flat and non-residential unit
6. Record into cadastre of real estates
– Cadastre of real estates
– Procedure in cadastre office
– Record into cadastre of real estates
7. Contract of work for house construction
– Contract for Work for house construction
– Contract for Work for construction of house with flats and non-residential areas
10. Purchase through the intermediary of a legal entity
– Legal entity as a contractual party
– Purchase contracts about transfer of real estate property concluded by
the foreigners
11. Cooperatives and membership of them
– Cooperative
– Membership of the cooperative