Offer to purchase real estate
1.Parties
- 1.1
I, Buyer's full name, personal code or passport number Buyer's personal code or passport number, residing at Buyer's address, email address Buyer's email address (hereinafter "the Buyer"), submit to Seller's full name (hereinafter "the Seller") this offer to buy the real estate described below.
List every buyer. Name the seller as recorded as owner in the folio. A foreign buyer without a personal code gives date of birth and passport number.
- 1.1
2.Property
- 2.1
The real estate at Address of the property, cadastral number Cadastral number (kadastra numurs), recorded in Land Register folio, which consists of What the property includes (hereinafter "the Property").
Copy the details from the Land Register folio, not the listing. Flat: add its share of common parts and any land. House: give the land area and buildings.
- 2.2
Optional
Together with the Property, the Buyer acquires the following movable items: Furniture and equipment in the price.
Keep it if kitchen equipment, furniture or a parking place outside the folio is part of the deal. Otherwise delete it.
- 2.1
3.Offered price
- 3.1
The Buyer offers to buy the Property for Offered price in euros, in figures EUR (Offered price in words, in Latvian euros).
If the figures and the words differ, a dispute follows. Check both.
- 3.1
4.Financing
- 4.1
Optional
The Buyer will pay Loan amount EUR of the price with a loan from a credit institution. The offer is subject to the Buyer receiving the credit institution's positive decision to grant the loan no later than Latest date for the bank's loan decision.
Delete it only if you pay entirely from your own funds. Repeat the same condition in the preliminary agreement.
- 4.1
5.Buyer's conditions
- 5.1
On the day of the sale, the Property is free of mortgages, prohibition notes and other encumbrances, except those the Buyer has accepted in writing. Existing mortgages are cleared from the purchase price.
- 5.2
Before the preliminary agreement is signed, the Seller gives the Buyer statements from the building manager and the service providers that no debts exist for management, utilities and real estate tax on the Property.
For a flat sold after 31 December 2025, the buyer answers for up to 3 years of such debts (Dzīvokļa īpašuma likums art. 13.1).
- 5.3
No tenants or other persons live in the Property, and it is not let or leased, unless the Buyer has agreed otherwise in writing.
- 5.1
6.Next steps
- 6.1
If the Seller accepts this offer, the parties will conclude in writing a preliminary purchase agreement or a purchase contract no later than Deadline for the preliminary agreement. On the day it is signed, the Buyer pays earnest money of Earnest money EUR, credited against the price.
The law sets no amount for earnest money. The parties agree it.
- 6.2
The parties sign the purchase contract and the corroboration request to the Land Register by Target date for the purchase contract. The price is paid to the Seller through an escrow account or a sworn notary's deposit after the Buyer's ownership is registered in the Land Register.
Escrow protects both sides: the seller sees the money blocked, and the buyer pays only once the Land Register records the buyer as owner.
- 6.1
7.Legal nature of the offer
- 7.1
This offer and its acceptance are not a finally concluded purchase contract. The parties reserve the right to agree on the other terms of the purchase contract, and they take on obligations to buy and sell the Property only by signing a written preliminary agreement or purchase contract.
Without this clause, an accepted offer on the property and the price can bind both sides under Civil Law art. 1487.
- 7.2
The Buyer pays no sum of money together with this offer.
- 7.1
8.Validity
- 8.1
The offer is valid until Date and time the offer expires. If the Buyer has not received the Seller's written acceptance by then, the offer lapses without any notice.
- 8.2
A reply that changes the price or other terms is a new offer and not an acceptance of this offer.
- 8.1
9.Signatures
- 9.1
Place of signature, Date of signature. Signature of the Buyer.
- 9.2
The Seller accepts the offer on the terms stated in it. Date the seller accepts. Signature of the Seller.
Every owner recorded in the Land Register folio must sign the acceptance.
- 9.1