Real estate

Closing the real estate deal

Closing the real estate deal
Contracts for buying Czech property When you buy a property in the Czech Republic, you will sign several contracts with the estate agency or seller. These will include a reservation agreement, the precontract and the deposit agreement. It is vital to seek legal advice before signing any documents when purchasing real estate. Reservation agreement The first step is signing a reservation agreement which establishes the obligation of the seller not to sell the apartment to another person ...
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Common home-buying mistakes

Common home-buying mistakes
Buying your own home is an unforgettable experience. When it comes to home purchases many people have the tendency to lead with their emotions which ...
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Letting your Czech property

Letting your Czech property
Decide what you want to do with your property First you need to decide whether you want to let it for a fixed but short term period or have several ...
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The Czech rental contracts

The Czech rental contracts
In the free market, the parties may negotiate any period of contract. If no period is mentioned the contract is valid for an indefinite period. The contract must be in writing. Cancelling the contract It may be cancelled by the tenant at any time by giving three months’ written notice, without stating a reason. The landlord can only cancel the contract for a serious reason. It is common to conclude free-market leases for rather short periods, usually for one year or two. If the tenant won’t ...
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Reasons to use an estate agent

Reasons to use an estate agent
If you have decided to sell your property in the Czech Republic, you are most likely to face huge amount of problems. The process itself can become ...
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