Basic property (and the real estate as well) encumbrances in Ukraine


Issue of property encumbrances in Ukraine is most important first of all when considering purchase (or other types of acquisition) of the real estate in Ukraine as far as existence of an encumbrance can cause problems at acquisition of the property or later on for acquirer of the same (especially if the acquirer is a foreign corporate entity or a foreign private individual).

So, the basic property encumbrances in Ukraine are:

- lease (rent) contracts or documents with the similar legal meaning establishing third parties rights for the real estate in the issue;

- judicial award or writ, which prohibits alienation of such property by its title owner;

- contractual mortgage;

- tax lien (such liens are possible in the case if owner of the real estate has not paid in full his tax liabilities).

The above information is provided herein in educational and informative purposes only. It is provided that you have to get appropriate legal advice as regarding the legal and other issues of your interest in Ukraine in order to have the exact, extensive and up-to-date legal and other related information.

Do not hesitate to contact us if you have any questions or issues of legal nature, our Law Firm is working for you and our experienced legal specialists are always ready to help providing the client with appropriate legal consultations, legal reports and summaries, reasonable legal advices and all the other required legal support, assistance, coverage and protection.

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