Selling property in Latvia

Below, you’ll find information about the procedures regarding the sale of real estate in Latvia – step-by-step guide and a list of necessary documents to have ready prior to the sale of a property.

General information

  1. Choosing a consultant
  2. Collecting basic information about the real estate property (parameters, layouts, images)
  3. Legal analysis of the real estate property
  4. Conclusion of a cooperation agreement
  5. Preparation of textual and visual information about the real estate property
  6. Posting of information in a database and other Internet resources related to real estate property
  7. Searching for clients
  8. Visiting real estate property with potential buyers
  9. Opening a transaction account at a bank (if necessary)
  10. Legal support for down payments and/or purchase and sale agreements
  11. Preparation of an act of transfer and acceptance as part of a purchase and sale agreement
  12. Registration of a service contract under the name of the new owner of the real estate

The required documents prior to selling real estate

  1. A confirmation request for the Land Book;
  2. The purchase-sale agreement;
  3. The express agreement of a spouse for the sale of the property or confirmation that the property is individually owned by the seller;
  4. The express agreement of a third party to the sale of the property if the Land Book contains any encumbrances in favour of such a person;
  5. Authorisation or a notarised copy of authorisation if a person is signing documents on the basis of such authorisation.

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