Agricultural issues

Purchasing process of a tanya’ (Hungarian farms in the countryside) or a land in Hungary is slightly different from the regular purchase process of a property.

The process is the following:

1) real property sales contract is signed with the participation of an attorney at law or notary public

2) real property sales contract is reported for 60 days at the local town hall, where the concerned may exercise their pre-emption rights during this period

3) if no one makes use of its pre-emption right, then -as an official document  will be sent to the Provincial Land Department.

4) at the Provincial Land Registry all the data will be checked again and sent to the Committee of Agriculture.

5) the Agriculture Committee first sends it to the village committee city council in order to make an advice, and after this it forms an opinion on the sale and gives an advice. The Agriculture Committee has a period of 30 days to form its opinion/advice

6) after a final approval of the Provincial Land Department, the normal registration of real estate at the land registry will follow. Again, this takes about 30 days.

So the procedure will last for at least 7-9 months.

Information above should not be construed as legal advice. For further questions, do not hesitate to contact me.