Recent legislation Affecting Property Purchase in Hungary ?
#76
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Re: Recent legislation Affecting Property Purchase in Hungary ?
The New Land Laws over Foreigners purchasing Zartkerts , I no I was pushing for answers not only on this blog page but calling in to speak to a Member of the Ministry of Rural Affairs in Budapest, so then the Law was changed, But what a Mine Field now been 8 weeks the Stature notice to purchase a Zartkert, but told to day it will be at lest a further 4-6 to complete as to go before a Committee witch meets Monthly not weekly for their approval for a Foreigner to purchase this plot then back to Land Office for the documentation to be completed, then and only then sent to Law to complete the sale, so the bottom line is up to 14 weeks to get to the end of a property purchase So I wish I had not started and invested in present place but disability and poor health and not to get up to it in the deeps of winter and if taken ill no one could find the plot, so info for the recorded as to this County wear I am digger47
#77
Re: Recent legislation Affecting Property Purchase in Hungary ?
Never heard of it having to go before a committee Digger, we have had completions after the 8 week period. We had a demolition permit which had to go to the monthly committee meeting, took three months as meetings kept being cancelled due to members being on holiday - ho hum.....
#78
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Re: Recent legislation Affecting Property Purchase in Hungary ?
Never heard of it having to go before a committee Digger, we have had completions after the 8 week period. We had a demolition permit which had to go to the monthly committee meeting, took three months as meetings kept being cancelled due to members being on holiday - ho hum.....
#79
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Re: Recent legislation Affecting Property Purchase in Hungary ?
RH Just digging back to "Peter un Hungary" "post no 13" "March 23 2013" go down to Sentence starting with "So if you find a wonderful place, read on from there digger47.5
#80
Re: Recent legislation Affecting Property Purchase in Hungary ?
Must be area dependent or still being phased in as a "land committee" was not involved in either of the sales we dealt with and both completed after the 60 days with nobody exercising their pre-emptive rights.
#81
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Re: Recent legislation Affecting Property Purchase in Hungary ?
I fully agree their is not a uniform passion in dealing with the sales of property on Closed Garden Land I have spent a long time visiting the Government Rural Affairs in Budapest asking and asking for clarification on the New Land Laws, now given Up asking for clarification, So I have to go a long what the Land Office for this County states, in fact I was very angry over their response and nearly having Divorce Preceding from the wife, We as EU Members we have to go by the New Land Laws if it differs from County to County, I have to accept this, I at the end "MY Tolerance Over This" digger47.5
#82
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Re: Recent legislation Affecting Property Purchase in Hungary ?
I have now in hand fully authorized Translation of current legislation in regards to Foreign,s owning Agriculture Land the Act dated 15 December 2013 and amendment's dated 28th December 2014 if any interested Pearson wish for a copy I will be willing to forward foreword by email after returning on 10th March as flight immanent I will make it clear that what is sent is as I have received and I can not be responsible for it's contents and any pragmatic argument's digger47
#83
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Re: Recent legislation Affecting Property Purchase in Hungary ?
I have now in hand fully authorized Translation of current legislation in regards to Foreign,s owning Agriculture Land the Act dated 15 December 2013 and amendment's dated 28th December 2014 if any interested Pearson wish for a copy I will be willing to forward foreword by email after returning on 10th March as flight immanent I will make it clear that what is sent is as I have received and I can not be responsible for it's contents and any pragmatic argument's digger47
I am sure that there are / will be lots of readers interested.
#84
Veszprém Megye
Joined: Feb 2009
Location: Sevenoaks Kent UK and soon near Tapolca Hungary
Posts: 371
Re: Recent legislation Affecting Property Purchase in Hungary ?
It would be great to have it available. Hopefully can get on site as Peter suggests?
#85
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Re: Recent legislation Affecting Property Purchase in Hungary ?
Yes nem problem but will be 2/3 pages of text as the reason not till returning from uk till 10th March I have to have the pages re/sized at Staples office supply's can not be don hear correctly to A4 size, the Hungarian State Translation office in Budapest present them this way and the text is size 6 ,so when back all will be in order to post if acceptable digger47
#86
Veszprém Megye
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Location: Sevenoaks Kent UK and soon near Tapolca Hungary
Posts: 371
Re: Recent legislation Affecting Property Purchase in Hungary ?
I am now a local (though a foreign one) in my village. Lakcim card & Regisztracious Igazolas etc. If someone wanted to GIFT me some garden hill land, I wonder whether as a foreign local, a Hungarian local can trump me & exercise Pre-emption rights? If the land is being gifted - it would be pretty easy for others to match the Ft0 price
I reckon legal advice is needed but who to ask???
#87
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Re: Recent legislation Affecting Property Purchase in Hungary ?
My understanding on the "pre-emptive" rights are that if a local wants to buy at the same price agreed they can step in & buy the land at the agreed price - so cutting out the prospective purchaser. I think this existed before any issue of new laws allowing foreigners to buy outside towns & villages.
I am now a local (though a foreign one) in my village. Lakcim card & Regisztracious Igazolas etc. If someone wanted to GIFT me some garden hill land, I wonder whether as a foreign local, a Hungarian local can trump me & exercise Pre-emption rights? If the land is being gifted - it would be pretty easy for others to match the Ft0 price
I reckon legal advice is needed but who to ask???
I am now a local (though a foreign one) in my village. Lakcim card & Regisztracious Igazolas etc. If someone wanted to GIFT me some garden hill land, I wonder whether as a foreign local, a Hungarian local can trump me & exercise Pre-emption rights? If the land is being gifted - it would be pretty easy for others to match the Ft0 price
I reckon legal advice is needed but who to ask???
#88
Veszprém Megye
Joined: Feb 2009
Location: Sevenoaks Kent UK and soon near Tapolca Hungary
Posts: 371
Re: Recent legislation Affecting Property Purchase in Hungary ?
J. G., I would suggest that www.ingatlanjog.hu this site the wife gave me in regards to planning regulation on new plot, when there, I am on MSN to use translate results the list is endless with help
#89
Re: Recent legislation Affecting Property Purchase in Hungary ?
My understanding on the "pre-emptive" rights are that if a local wants to buy at the same price agreed they can step in & buy the land at the agreed price - so cutting out the prospective purchaser. I think this existed before any issue of new laws allowing foreigners to buy outside towns & villages.
I am now a local (though a foreign one) in my village. Lakcim card & Regisztracious Igazolas etc. If someone wanted to GIFT me some garden hill land, I wonder whether as a foreign local, a Hungarian local can trump me & exercise Pre-emption rights? If the land is being gifted - it would be pretty easy for others to match the Ft0 price
I reckon legal advice is needed but who to ask???
I am now a local (though a foreign one) in my village. Lakcim card & Regisztracious Igazolas etc. If someone wanted to GIFT me some garden hill land, I wonder whether as a foreign local, a Hungarian local can trump me & exercise Pre-emption rights? If the land is being gifted - it would be pretty easy for others to match the Ft0 price
I reckon legal advice is needed but who to ask???
if you need to know, I can ask our solicitor for clarification but as I understand it, the only exemptions from pre-emptive rights are
- the transfer is between close relatives
- the purchase terminates a joint ownership
- ownership is transferred to a farmer as a condition of state aid
- land is acquired by the local municipality for public use
I would imagine they have considered that gifting land could be exploited if pre-emptive rights were exempt and assume a value would be assigned by the land department in relation to the pre-emption but as before, would have to confirm.
This link, in English, provides a condensed but informative guide to the land act.
#90
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Re: Recent legislation Affecting Property Purchase in Hungary ?
As far as I know you can only gift land to defined close relatives. So you can't gift land to non-relatives to avoid the land laws or tax.
Also whilst 'locals' have a pre-emptive rights there is a hierarchy of locals. Family farms, livestock holdings, those farming adjacent to the land in question and so on. So even if you are resident in the local village this does not guarantee you won't get trumped.
There seems to be a trick emerging whereby the price declared for advertising is ridiculously high, which will put off anyone higher on the priority list stepping in. The actual deal is done at the lower agreed price. This probably has its dangers and is only of value if the seller cares about who he sells the land to. (otherwise how often does the seller care who gives them the money for their land?)
Also whilst 'locals' have a pre-emptive rights there is a hierarchy of locals. Family farms, livestock holdings, those farming adjacent to the land in question and so on. So even if you are resident in the local village this does not guarantee you won't get trumped.
There seems to be a trick emerging whereby the price declared for advertising is ridiculously high, which will put off anyone higher on the priority list stepping in. The actual deal is done at the lower agreed price. This probably has its dangers and is only of value if the seller cares about who he sells the land to. (otherwise how often does the seller care who gives them the money for their land?)