Back to blog
Loading article…
Loading article…
Donating real estate is an important decision that requires attention to a number of legal details. That's why I offer comprehensive services to facilitate this process.
Donating real estate can be motivated by a number of reasons, from transferring property to the younger generation to tax considerations. The key is to ensure that all legal aspects are properly addressed.
Client consultation: we will discuss which individual solution is most suitable for you
Drafting a donation agreement: I will ensure that the donation agreement is carefully prepared and contains everything necessary
Application for entry in the Land Registry: I will prepare an application for entry in the land registry (associated with a fee of 2,000 CZK)
Signature verification by lawyer: the service also includes signature verification, which is necessary for submitting the application to the registry
Resolution of other property rights: life estate, right of way and path, building right, easements, etc.
I also provide services related to land division and consolidation according to a geometric plan, including communication with the relevant building authority.
Donating real estate can have tax implications, especially if the recipient is not a close person (a relative in direct or collateral line, or a partner living in a common household for at least one year). In such a case, the value of the real estate must be included in the tax return. This includes preparing a market price estimate and possible taxation as other income. In the case of acquiring real estate worth more than 5 million CZK, it is always necessary to inform the tax office, regardless of the obligation to pay income tax.
Complete legal advice including document drafting is offered from 3,000 CZK.
