From 29 July 2024, the administrative service fees relating to procedures for land registry, plot formation, land surveying and mapping, and the provision of data from the land register and the state databases will be increased significantly.
The fee for registration of changes in the land registry will change from HUF 6,600 to HUF 10,600 per property affected by the change. The fee for the registration of a mortgage and (excluding the cancellation of a mortgage) the fee for the procedure to amend the registration will increase from HUF 12,600 to HUF 20,000 per property affected by the change. The registration fee for the foundation of a condominium and the amendment of the articles of association of a condominium per condominium title deed will change from HUF 6,600 to HUF 10,600, but must not be more than HUF 160,000 in total.
The fees for the procedure for the authorisation of plot formation will also be increased, for instance, in the case of 2-5 parcels of land concerned, the fee will increase from HUF 12,000 to HUF 19,000 per parcel.
For a certified copy of a title deed provided as an electronic document, a fee of HUF 4,800 will be charged from 29 July 2024 instead of the current HUF 3,000.
By Lidia Suveges, Attorney at law, KCG Partners Law Firm
