Czech Republic

Registering Property in

Czech Republic

Listed below is a detailed summary of the steps, time and cost involved in registering property, assuming a standardized case of an entrepreneur who wants to purchase land and a building that is already registered and free of title dispute.

The information appearing on this page was collected as part of the Doing Business project, which measures and compares regulations relevant to the life cycle of a small- to medium-sized domestic business in 183 economies. The most recent round of data collection for the project was completed in June 2011.

  • Standard Property Transfer

  • Property Value: CZK 16,274,874.42
  • City: Prague

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No. Procedure Time to Complete Associated Costs
1 Obtain a certified extract from the companies' register

Parties must obtain certified extracts from the company’s register at the respective register court or online since 2009 at Czech Points (www.czechpoint.cz). The extracts can be obtained in person at these points or at the court without delay. The number of pages of the extract depends on the amount of registered information (managing directors, members of the supervisory board, shareholders etc.). Typically, the extract of a standard limited liability company has usually one to three pages.

Agency: Municipal court of Prague or a "Czech Point" (www.czechpoint.cz) 		1 day CZK 100 for the first page, CZK 40 for each additional page (1-3 pages in total)
2 A notary certifies the signatures of the transfer agreement

By law, the transfer agreement does not have to be executed in the form of notarial deed and the signatures of the contractual parties on the transfer agreement do not have to be certified. However, the Cadastral Office must verify (as specified by law) the identity of the parties and manifestation of their will. Therefore, it is useful and common practice to have the signatures certified by a notary public or by an attorney or by public authorities. Notarization (by a notary public) is the most common way. The notarization takes place without delay and costs CZK 30 per each signature + 20% VAT.

Agency: Public Notary 		1 day CZK 30 each signature (2 signatures)
3 Apply for registration at the Cadastral Office

Parties apply for registration at the Cadastral Office of Prague (Registry) after gathering all the documentation. There is a lump sum fee payable together with the application to register the property in the amount of CZK 500, which is paid by buying stamps at the Registry.
After the application is received, the adjudication procedure will take about 60 days as specified by law. In practice, it may take up to 6 months in Prague.
When the procedure is over, a notification of the transfer of ownership is issued. The Registry delivers the transfer agreements to the parties with a remark on the transfer agreement.

The documentation requirements are as follows:
Transfer agreement in a number of counterparts that equals the number of parties plus two counterparts (originals or certified copies), in this case 4 counterparts (signatures certified in Procedure 2)
If the transfer agreement was not signed by the persons authorized by law to act on behalf of the companies, powers of attorneys with certified signatures shall be attached.
If the application is filed by proxy, power of attorney shall be attached.
Certified extracts from the company’s register shall be attached by each party (obtained in Procedure 1).

Agency: Cadastral Office of Prague 		22 days CZK 500 (Registration Fee)
4 Pay the Real Estate Transfer Tax

A Real Estate Transfer Tax must be paid to the tax authority within 3 months following the month of the registration. The Cadastre is responsible for informing the tax authority about the transfer so that they record it and can collect the tax. Registration of the transfer is not conditional upon payment of the tax.
The tax rate is 3 % of the higher of the purchase price and the value (as estimated by an expert to be paid by the parties to the transfer agreement). The Transfer Tax can be paid at the Tax authority, at a commercial bank, or even online.


Agency: Tax Authority 		1 day 3% of the property price (Real Estate Transfer Tax)
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