Execution time: 1.5 – 3 hours
Consultation while executing: free of charge
Documents for an individual: Passports and TINs of the parties, Consent of a property owner’s spouse, in case the owner was married when purchasing the property, as well as passport, TIN, marriage certificate or a notarized permit application, executed before
Documents for a legal entity representative: Legal entity documents (articles of association, extract), Director’s (company authorized representative’s) passport and TIN and documents confirming the director’s authority (order of the director’s appointment, minutes of election of the director), notarized power of attorney, if the authorized person is acting., Seal, Legal entity’s decision to conclude a tenancy agreement (minutes of general meeting)
Required real estate documents: Real estate expert assessment report, Land property title document , Extract from the national land cadastre , Certificate of the absence of buildings on the land plot
Please note: Sale and purchase agreement for a land plot is certified by a notary at the location of the property or at the place of registration of one of the parties. That is, a notary of the city of Kyiv can certify the agreement if the land plot is located within the city of Kyiv or one of the parties to the agreement is registered in the city of Kyiv. It should be noted that Ukraine currently has a moratorium on the alienation of agricultural land. If there is a house on a land plot which is alienated, 2 contracts are executed simultaneously: sale and purchase agreement for the house and sale and purchase agreement for the land plot.
A purchase and sale of realty is, undoubtedly, a very serious event in your life. Many of us treat a purchase or a sale of our realty with special scrupulosity and care.
Some of us have always been dreaming to build a house and to live as far from noise and business hurry-scurry as possible, preferably in the country.
“Land plot” means part of a land surface having clear boundaries and its own cadastral number.
Currently, all agreements for purchase and sale of realty shall be notarised, which secures their legality. Today, a notary, when certifying an agreement for purchase and sale of a land plot, at the same time registers the new owner’s property right with the State Register of Property Rights. It means that when you leave the notary’s office, you are already a rightful owner of the land plot. To establish the fact of the absence of any restrictions (encumbrances) on the land plot to be sold, the seller must provide the notary with an extract from the State Land Cadastre.
When certifying an agreement for purchase and sale, a notary checks all documents submitted to conclude the agreement, any bans or prohibitions on the alienation of the land plot, the validity of the power of attorney (in case the agreement is concluded by an attorney).
Note that if a land plot has been owned by the seller for over three years and the sale of this land plot is a first sale of realty during the year, the income resulted from the sale is tax-exempt.
