Slovak Republic

Registering Property in

Slovak 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: EUR 598,955.33
  • City: Bratislava

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No. Procedure Time to Complete Associated Costs
1 Each party obtains extracts from the commercial register held by the respective court

Parties obtain the Extract from the Commercial Register of the Slovak Republic held by the respective District Court, for each party. Extract for legal purposes can by in paper form or in electronic form signed with certified electronic signature. Extracts from commercial register for legal purposes can be obtained either from the District Courts or from a notary.

There are circa 330 notary offices in Slovak Republic. A notary is attached to the Central Portal of Public Administration with certified electronic signature. After identifying of a notary and entering the requirement, the system generates the required extract from commercial register. The notary prints the extract on paper and certifies it. This extract is also usable for legal purposes
Since July 2010 all notaries are connected on-line with Commercial Register of the Slovak Republic

Agency: Respective District Courts 		1 day Commercial Register of the Slovak Republic: - paper form - 13 € (2 extracts at 6.50 € each) - electronic form - 0.66 € (two extracts at 0.33 € each) Notaries: - paper form - circa 5.32 € (2 extracts at 2.66 € each) This do not include 20%VAT.
2 Confirm the signature authenticity of the seller before applying for registration

In order to file an Application for registration of the transfer (the Proposal for Entry into the Cadastre) it is necessary to submit:
- 1 piece of Application
- and 2 copies of the contract for the transfer to the respective district Cadastral Registry.
Assuming there will be only one executive manager acting on behalf of each party (company), a notary or Registrar´s Office have to verify 2 signatures (signatures of the person acting on behalf of the seller).
Verification:
- the notary fee is 1.99 €per signature
- or at the Registrar´s Office for a fee of 0.50 € per signature.

There are three possibilities for drawing up the contract in Slovakia. The contract can be drawn up
- by clients themselves (no costs i.e. 0 €)
- by a notary (for the value of property 562,511.00 € is the fee for notary 592,38 €)
- by a lawyer (for the value of property 562,511.00 € is the fee for lawyer 1548.69 €)

The Cadastral Registry does not require that the contract is drawn either by a notary or by a lawyer. The contract is still valid if drawn by the parties themselves.


Agency: Notary or Registrar´s office 		1 day 2 EUR (4 signatures at 0,50 EUR at registrar´s office; 3,98 EUR (4 signatures at 1,99 EUR each) at notary office
3 Submit the application for registration of the transfer (the proposal for entry into the cadastre) with the competent district land registry

2 transfer contracts are attached to the "Application for registration of the transfer". After the persons authorized by law to act on behalf of the companies sign the transfer contract, the "Application for registration of the transfer" is submitted for the registration and for the transfer of the ownership right to the respective district Cadastral Registry.

Registration is executed by the respective District Cadastral Registry, according to the location of the property. The "Application for registration of the transfer" includes the data prescribed by law. The Application for registration is
- in paper form, and also enclosures (contracts) have to be in paper form,
- or in electronic form, and also the enclosures (contracts) have to be in electronic form.
Enclosures have to be signed by certified electronic signature.

The Cadastral Registry shall decide on the Application for the registration of the transfer within the period of 30days (standard procedure) or within 15 days (speed up procedure). If the contract is in form of public notary´s deed or deed authorized by the lawyer (advocate), the registration has to be processed within 20 days.
After the property transfer is finished, the seller has to pay 19 % the income tax to the Tax Office. Real estate transfer tax is no longer claimed in Slovakia.


Agency: Cadastral registry 		30 days (standard procedure) 20 days (standard procedure if the contract is in the form of a notarial deed or the contract is certified by a lawyer) 15 days (speed up procedure) Registration in paper form: 66 € (standard procedure i.e. 30 days or 20 days) 265.50 € (speed up procedure i.e. 15 days) Registration in electronic form: 33 € (standard procedure i.e. 30 days or 20 days 130 € (speed up procedure i.e. 15 days)
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