Property Sale and Purchase Agreement
Bacskó Law Office handles the complete legal process of residential property sales for a net attorney’s fee of 0.3% of the purchase price (subject to a minimum of HUF 140,000 + VAT).
Our legal representation covers checking the title deed (tulajdoni lap), preparing the draft agreement within 1–2 business days, aligning it with the bank’s loan requirements, countersigning in person, and handling the entire land registry office procedure through to final registration of ownership.
The process is supervised by attorney Dr. László Bacskó, who has more than 20 years of professional experience.
We handle property sale and purchase agreements in English as well as Hungarian.
0,3%
net attorney’s fee, minimum HUF 140,000 + VAT
Set the purchase price of the property
Transparent attorney’s fees and ancillary costs
Our office works with fixed fees. The attorney’s fees listed apply to simple sale and purchase agreements. For more complex transactions, please ask for a tailored quote!
Attorney’s fee for a simple sale and purchase agreement
| Purchase price of the property | Attorney’s fee (net) | Rate relative to purchase price |
|---|---|---|
| Up to HUF 35,000,000 | HUF 140,000 (minimum fee) | Fixed minimum fee |
| HUF 50,000,000 | HUF 150,000 | 0,30% |
| HUF 60,000,000 | HUF 180,000 | 0,30% |
| HUF 70,000,000 | HUF 210,000 | 0,30% |
| HUF 80,000,000 | HUF 240,000 | 0,30% |
| HUF 90,000,000 | HUF 260,000 | 0,28% |
| HUF 110,000,000 | HUF 290,000 | 0,26% |
| Above HUF 150,000,000 | By individual agreement | Regressive, discounted fee band |
Official fees and other ancillary costs
| Cost item | Rate | Note |
|---|---|---|
| Land registry office administrative service fee | HUF 10,600 / property | Procedural fee payable upon submission. |
| Land registry office expedited procedure fee | +HUF 16,000 / application | Optional; provides a 30-day deadline instead of the standard 60-day deadline. |
| Obtaining an electronically certified title deed (E-ING) | HUF 4,800 / request | Required for the preliminary legal review. |
| Obtaining an electronically certified map copy | HUF 5,000 / request | Required for a family house, plot or building. |
| Property transfer duty (NAV) | As a general rule, 4% | Payable after registration, on the basis of the resolution issued by NAV (the Hungarian Tax Authority). |
The steps of the sale and purchase process at our office
Transferring a property is a multi-stage legal and financial process in which the attorney drafting the document is obliged to protect the lawful interests of both contracting parties, based on the principles of equal treatment of clients and legal certainty. Below we describe exactly how the transaction proceeds. If you would like to learn about the property sale process in even more detail, see this article of ours.
Checking the title deed and legal background
As a first step, we obtain an up-to-date, electronically certified title deed of the property from the database of the electronic real estate register system (E-ING) and, where necessary, its official map copy. We examine in detail the registered owners, any usufruct, widow’s rights or easements, mortgages and enforcement encumbrances, as well as pending entries (marginal notes) indicating ongoing proceedings. For a condominium unit, we also check any rights of first refusal set out in the deed of foundation.
Identification of the parties (JÜB check) and remote identification
Based on Hungarian legal tradition and established market practice, the attorney’s fee is by default borne by the buyer, since registration of ownership at the land registry office and acquisition free of litigation, encumbrances and claims are primarily in the buyer’s interest. However, because the relevant rules of the Civil Code (Act V of 2013) are non-mandatory, the parties may agree otherwise in the contract: they may agree to split the fee, or even that the seller pays it in full.
Preparing the draft agreement and aligning it with the bank
Based on the parties’ agreement and the legal due diligence, we prepare a customised draft sale and purchase agreement within 1–2 business days. Our office works exclusively with bespoke documents, never templates. If the buyer is using a bank loan, CSOK Plusz or Otthon Start support for the purchase, we coordinate the draft in advance with the financing bank’s requirements, preventing subsequent contract amendments and delays in the loan assessment.
Signing the agreement and countersignature by an attorney
Once the draft has been approved, the agreement is signed in person at our Budapest office. For parties who cannot attend, the agreement can be concluded by remote signing or remote witnessing, making personal attendance unnecessary. By countersigning, the attorney certifies that the agreement complies with the law and reflects the parties’ genuine transactional intent.
Submission to the land registry office and registration of the buyer’s right linked to retention of title
After the agreement is signed, we submit the application to the competent land registry office without delay, where the opening of the procedure is recorded as a pending entry within 24 hours. Where payment is made in several instalments or financed by a bank loan, the sale is carried out with retention of title. Under the current legislation, in such cases the buyer’s right linked to retention of title is registered in the real estate register. This entry secures, with effect in rem, the ranking of the buyer’s acquisition of ownership and prevents the seller from selling the property to a third party or encumbering it, and prevents any new enforcement right from being registered against it.
Reporting to NAV
In parallel with submitting the sale and purchase agreement to the land registry office, the acting attorney electronically files with NAV the form B400 E required for assessing the property transfer duty, indicating any available reliefs.
Discharge of encumbrances
If the property is encumbered by a bank mortgage or other charge, the relevant instalment of the purchase price is paid directly to the lending bank, ensuring that the deletion consent is issued and the encumbrances are discharged.
Settlement of the purchase price and escrow of the registration consent
When the agreement is signed, the unconditional and irrevocable consent to registration of ownership, signed in advance by the seller, is placed in attorney’s escrow. In an escrow agreement, the attorney guarantees to submit this declaration to the authority only after it has been proven that the seller has received the full purchase price or that it has been credited by the bank.
Registration of ownership
Once the final instalment of the purchase price has been paid, the attorney releases the registration consent from escrow and submits the consent to registration of ownership to the land registry office.
Transfer of possession, transfer of utilities
For taking possession, we provide an official handover protocol recording the meter readings, so that the utilities can be transferred within 15 days.
Contact
Buying or selling property? Contact us directly!
Frequently asked questions
Contract Creator – software for efficient contract preparation
The key to our favourable fees is that our work is supported by custom software developed in-house, which takes the vast majority of the administrative workload off our colleagues’ shoulders.
Contract Creator is modern practice management software that can save up to 80 percent of the working time required. As a result, our attorneys can focus on assessing and understanding our clients’ needs and on drafting bespoke contractual terms tailored to them.
What our clients say
Over the past two decades we have worked with many clients. Here you can read what those who have already used our help think of our services.
