Rule
From the decree’s entry into force, a foreign buyer must, within one month and after all taxes and fees arising from the sale have been paid, register the stamped agreement or sales contract at the District Land Registry (in person, through a lawyer or an authorised representative) and apply to the Ministry for purchase permission; otherwise the contract is automatically void.[1][2]
Conditions
- The contract must be stamped under the Stamp Law.
- All taxes and fees arising from the sale must be paid at registration.
Practical implication
The decree does not say expressly from which date the month runs; the natural reading is from signature of the contract. Treat registration and the permission application as immediate steps, not later formalities.
Applies to
- Stage:
- Contract · Contract registration
- Contract timing:
- Contracts signed on or after 21 May 2024