KEY FACTS OF REAL ESTATE ACQUISITIONS UNDER CZECH REPUBLIC LAW -
I. Types of Real Property Transactions
a) Purchase of an undeveloped plot of land
b) Purchase of a developed plot of land
c) Purchase of a building (that is not part of plot of land)
d) Purchase of an apartment
e) Purchase of a right to build
f) Through a share deal with a corporation that purchases and sells the real estate
Note: The right to build is right in rem related to a plot of land consisting in a right to have an overground or underground structure whether yet existing or future. It is considered according to Czech law as an immovable asset...
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