Changes In The Real Estate Register From 1 January 2012

A new amendment to Act No. 265/1992 Coll., On the Registration of Ownership Rights and Other Rights to Property (in Czech: Zákon o zápisech vlastnických a jiných věcných práv k nemovitostem) came into force, effective from 1 January 2012. The most important changes are:

Statutory form applications

The amendment introduces an obligation to submit applications for the registration of rights to the Real Estate Register on specified forms. Until 31 December 2012 the specified forms for the registrations will be voluntary (but recommended). From 1 January 2013, the forms will be mandatory.

Increase of the administrative fees

The administrative fee for the application of the registration of any right has been increased from CZK 500 to CZK 1000 per application.