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…