ABSTRACT

This article has a descriptive character with some analysis of land tenure and transaction types in Latvia. The impact of societal background on land tenure and its relation to the types of transactions is reflected as well. The forms of land tenure mentioned in the article become valid during the transition period.

The purpose of this contribution is to identify the ongoing activities and initiate proposals for development of a platform in Latvia would help to reach the main objective of the COST G9 action – to improve the transparency of the real property market and to provide a stronger basis for the reduction of costs of real property transactions by preparing a set of models of real property transactions which are appropriate, formalised and complete according to stated criteria, and then to assess the economic efficiency of these transactions (COST 328/00, 2001).

Such a platform should serve here as infrastructure of real property rights by providing the required basis for the relevant legislation, stabilisation of societal background, informing and involving of society, improvement of skills and relationships of both professionals and authorities, provision of the required material basis, implementation of a future development concept, and other relevant activities.