First shout

[r0machka]

Here's an easy one....

My spy told me that in Croatia if you want to sell your land or flat you put it on the market at a certain price and the government has first shout, ie can make the first offer. It never wins because it usually cannot afford it, so the private buyer usually wins.

My spy told me that this is why most people usually find a buyer first and then offer the property on the market, knowing that the government won't be able to afford the price that the seller has previously agreed with the buyer.

Is this true?

I couldn't quite understand the next step though...if you put your property on the market, but could find no buyer would you have to sell at a lower price to the government?

Dunno, think my spy had been in the sun too long...

[Carol]

your spy is talking about the pre-emptive rights. It applies to properties protected by cultural heritage, not anything else. So areas like the diocletian's palace in split fall under this legisaltion.
The law is the seller has to find a buyer, make a pre-contract and then offer it to the city, the county and the republic in that order. If any of these three match the price the private buyer is willing to pay, then the pre-contract is cancelled, the deposit returned and the seller sells to the givernment instead.
One thing you spy did get right is that the government never exercises their rights: its just a hurdle that some sellers have to go through. If they don't then officially the sale could be cancelled by the government at any time up to three years afterwards.

[r0machka]

smartypants!


As ever you're a mine of info....my spy wasn't making a big point of the fact, so i'm not put off, buthe was refering to land on a little island...

thanks for the info