Buying and Selling Real Estate in Latvia

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KEY FACTS OF REAL ESTATE ACQUISITIONS UNDER LATVIAN LAW -

1. Types of real estate -

1.1. Land estate -

Consists of one or several land plots.

1.2. Land and building estate -

Consists of one or several land plots and one or several buildings or structures located on the land plot (plots).

1.3. Building estate -

Consists of one or several buildings or structures. In case of a building estate, the land plot, on which the respective buildings or structures are located, is owned by another person, and does not belong to the owner of the building estate (please see Section 3)...

Please see full Chapter below for more information.

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