Legal Services and Real Estate in Lithuania

Real Estate separation in Lithuania

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Real Estate separation in Lithuania

Property is classified as movable and immovable. Immovable objects is generally land and other items that relate to the land and can not be moved from one place to another without changing their purpose and considerable reduction of their value (buildings, equipment, plantations and other items in accordance with the purpose and nature is immovable). Land is a major immovable object. All immovable objects must be registered in the public register, only identified (statutory procedures) objects will be registered. Immovable…

Real estate purchase and sale transactions in Lithuania

Read more about the article Real estate purchase and sale transactions in Lithuania
Real estate purchase and sale transactions in Lithuania

Sales contract where one party (the seller) undertakes to transfer the item (product) to another party (the buyer) the property or trust, and the buyer undertakes to accept the item (product), and pay for it the sum of money (the price). Real estate shall be considered acording to law: land; buildings; flats in apartment buildings; the premises. Real estate purchase and sale contract must be in notary form. The real sale-purchase contract must include the price of the item for…

Real estate rent, pledging in Lithuania

According to the lease agreement of the parties (lessor) undertakes to give the tenant an object to temporarily manage, and use it for a fee, while the other party (the lessee) undertakes to pay the rent. Land lease agreement must include the following:   The ground lessor; land tenant; The ground lease object data recorded in the land register and the public register; The land lease term; The primary purpose of land use; rented out land-based facilities conditions of use…

Providing the address of registration

Company’s address of registration is required for all legal persons. It must be registered in the Register of Legal Persons. We can provide such address for your company. Legal person’s head office is considered a place registered in the Register of Legal Persons. If registered address of legal person in the Register of Legal Persons doesn’t match the permanent place of head office, a place where head office is should be considered legal person’s head office. We provide virtual registration…