AS “Latvijas valsts meži” purchases real property (land) in the territory of the Republicof Latvia, which complies with the following criteria:

1. Forestry activities are permitted in the real property to be purchased;

2. The real property to be purchased is registered in the Land Registry;

3. There are no buildings and structures that are registered as provided for by the law situated on the parcel of land;

4. The land to be purchased is not under a ban or otherwise encumbered, except property obligation and/or real estate tax debts and servitudes and other encumbrances of the ownership title that have been imposed as provided for by the law;

5. The real property to be purchased is useful to take over (purchase) from the point of view of its location, forest growing conditions and forest type, access and other criteria that determine the economic profitability and which are assessed in accordance with the guidelines “on how the usefulness of purchase of the lands to be purchased is assessed on the basis of the geographical setting, hydrological mode of the soil, accessibility and other criteria which determine the economic profitability” approved by AS “Latvijas valsts meži”;

6. The sale price of one hectare of the real property to be purchased does not exceed the maximum one hectare purchase price calculated by AS LVM in accordance with the Procedure of Calculating the Maximum Purchase Price of Property Offered for Sale approved by AS “Latvijas valsts meži”.

In order to file the application on sale of real property (land) to AS “Latvijas valsts meži” it is necessary to prepare the following documents:

Where the Owner is a natural person:

1. Owner’s offer (Proposal) with the quotation of the purchase price; in the Proposal (the Proposal form in Annex 1) the Owner’s intent to offer for sale the real property is expressed, whereby the Owner’s name, surname, registered or declared place of residence are indicated. With their signature under the Proposal the Owner confirms that they agree that all expenses of division of the real property, as well as all duties (state and chancellery) and payments (including the Notary fee) related to registration of the transaction in the Land Registry are covered by the Owner as provided for by the Sample Real Property Purchase Contract (the Purchase Contract form in Annex 2). Where the real property is owned by several Owners, all such joint owners sign the Proposal and the documents listed hereunder must be submitted by all joint owners:

2. Copy of the Owner’s passport;

3. Copy of the land border plan of the offered real property (where a part of real property is being offered, the outline of the border of the unit of land to be sold must be clearly and unambiguously marked);

4. Acertificate (original) issued by the local authority on absence of real estate tax debts,or a certificate indicating the amount of the real estate tax debt as at filing the proposal;

5. Forest inventory data approved by the StateForestService(in the event there is a forest situated on the real property to be sold). The forest inventory data to be submitted include the forest inventory map and:

- the printout of the survey description from the State Register of Forests – with a certification of an official on correctness of the printout;

or

- the survey description copied from the forest inventory file and the title page of the forest inventory file on which the SFS seal for approvals/note on data registration with the State Register of Forests can be seen.

6. Copy of a Power of Attorney certified by the Notary (where the Proposal is filed by the Owner’s authorized representative);

7. Tree felling certificate copies, obtained after 1 January of the respective year (the year in which the proposal to sell real property has been filed). If certificates have not been obtained the Owner should confirm this in writing – by signing the form in Annex 3 hereof and appending it to the Proposal.

Where the Owner is a legal entity:

1. Owner’s offer (Proposal) with the quotation of the purchase price; in the Proposal (the Proposal form in Annex 1) the Owner’s intent to offer for sale the real property is expressed, whereby the Owner’s name, registered office, bank details, and the name and surname of the contact are indicated. The official with the signatory right signs under the Proposal to confirm that they agree that all expenses of division of the real property, as well as all duties (state and chancellery) and payments (including the Notary fee) related to registration of the transaction in the Land Registry are covered by the Owner as provided for by the Sample Real Property Purchase Contract (the Purchase Contract form in Annex 2). Where the real property is owned by several Owners, all such joint owners sign the Proposal and the documents listed hereunder must be submitted by all joint owners;

2. Copy of the registration certificate;

3. Acertificate (original) issued by the State Revenue Service or another Latvian tax authority with whom the Owner is registered, no earlier than one month before filing the Proposal, confirming that the Owner does not have tax or state compulsory social insurance payment debts;

4. Acertificate (original) issued by the Register of Enterprises no earlier than 15 (fifteen) calendar days before filing the Proposal, confirming that the Owner is not insolvent or liquidated and the information on the official with the signatory right.

5. Copy of the land border plan of the offered real property (where a part of real property is being offered, the outline of the border of the unit of land to be sold must be clearly and unambiguously marked);

6. Acertificate (original) issued by the local authority on absence of real estate tax debts,or a certificate indicating the amount of the real estate tax debt as at filing the proposal.

7. Forest inventory data approved by the StateForestService(in the event there is a forest situated on the real property to be sold). The forest inventory data to be submitted include the forest inventory map and:

- the printout of the survey description from the State Register of Forests – with a certification of an official on correctness of the printout;

or

- the survey description copied from the forest inventory file and the title page of the forest inventory file on which the SFS seal for approvals/note on data registration with the State Register of Forests can be seen.

8. Copy of a Power of Attorney certified by the Notary (where the Proposal is filed by the Owner’s authorized representative);

9. Tree felling certificate copies, obtained after 1 January of the respective year (the year in which the proposal to sell real property has been filed). If certificates have not been obtained the Owner should confirm this in writing – by signing the form in Annex 3 hereof and appending it to the Proposal.

!! The documents contained by the Proposal SHALL BE BOUND TOGETHER in such manner that does not permit their replacement!!

The Proposal shall be submitted at the Central Administration of AS “Latvijas valsts meži” in person or by dispatching it by mail to Kristapa iela 30, Riga, LV-1046

AS „Latvijas valsts meži” informs and requests to be aware, if any of the conditions listed hereunder is established, the Proposal by the real property Owner will be rejected by dispatching a substantiated letter of refusal to the Owner:

1. the Owner is declared insolvent, is under liquidation, its business activities have been suspended or terminated, or legal proceedings have been started on termination of the Owner’s activities, insolvency or bankruptcy (applies only to legal entities);

2. the Owner has tax or state compulsory social insurance payment debts in Latvia(applies only to legal entities);

3. the Owner is not registered in the cases and according to the procedure stipulated by the law (applies only to legal entities);

4. when providing the requested information the Owner indicated untrue information or did not provide respective information at all;

5. the Owner does not prove the right to act with real property with relevant documents, or in the case of joint ownership not all joint owners have signed the Proposal;

6. documents included in the Proposal are not bound together in the manner that prevents their replacement;

7. the offered real property will be declared unprofitable to purchase from the point of view of location, forest growing conditions and forest type, access and other criteria determining the economic usefulness of the purchase;

8. the sales price per one hectare of the real property to be purchased exceeds the maximum purchase price per hectare as calculated by AS „Latvijas valsts meži”.

Data on the Proposal (full name of the real property, location, cadastral number, area to be sold and offered sale price) submitted by the owner of real property are published no later than on the next day after receipt of the Proposal from the owner at AS „Latvijas valsts meži” website www.lvm.lv. Information on the process of examination of the Proposal, including information on when the Proposal has been examined at the Board and Council of AS „Latvijas valsts meži” and when it has been dispatched to the Ministry of Agriculture for preparing the draft Order of the Cabinet of Ministers is published on the same site. 

The real property purchase contract is concluded after obtaining the approval of purchasing the real property by the Board and Council of AS „Latvijas valsts meži” and  pursuant to Section 4 Paragraph 2 of the ForestLaw – on the grounds of a special Order of the Cabinet of Ministers.

The purchase price is paid to the Seller within 15 days after registration of the ownership title in the Land Registry in the name of AS “Latvijas valsts meži”, by transfer to the bank account indicated by the Seller.

Additional information on purchase of real property (land) can be obtained at the structural unit of AS „Latvijas valsts meži” – LVM Real Property at Kristapa iela 30, Riga, LV-1046, phone 7805015, e-mail: lvm@lvm.lv

!!! In the event the Owner receives the letter of refusal of the Proposal due to the offered price (the price LVL/1ha quoted by the Owner exceeds the maximum  purchase price calculated by LVM), the Owner is entitled to submit a repeated financial proposal without filing the abovementioned documents. Such repeatedly submitted financial proposal is valid if filed no later than 3 (three) months after issuance by the local authority of the certificate on absence of real state tax debt.!!!