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"right of first refusal" · 4 results
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A brother and sister inherit 12 hectares of forest. One wants to sell, the other doesn't. What happens next isn't decided by a family agreement — it's decided by the Civil Law: a right of first refusal, a two-month window, and a redemption right that can unwind a deal already signed.
A buyer wants only the mature spruce stand, heirs each want their own piece, or selling the whole property at once simply looks cheap. You can sell part of a forest — but first it has to become a separate property. How subdivision works, how small a parcel you may carve out, and where the process most often stalls.
If a stand falls inside a specially protected area, Natura 2000 or a microreserve and logging there is restricted, the owner is entitled to an annual compensation — between €52 and €196 per hectare depending on how strict the ban is. Here are the current rates, the two application routes, the deadlines, and how to check your own property.
On the Latvian private forest market, every second unprepared buyer falls into at least one pitfall: overpays, inherits someone else's obligations, loses access. Ten concrete categories of risk with instructions on where to find them before signing.
