Timbro.lv Consultations Legal and tax consultations

Legal and tax consultations with Timbro will reduce the risks of deception and losses

Timbro often encounters rural property owners who suffer losses due to deception and lack of knowledge of legal nuances. This is cleverly used by many companies and resellers who often mislead rural landowners and, by rushing them, ensure that incorrect and loss-making contracts are signed.

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Timbro consultants will help with contract signing and tax issues

We do not recommend taking cash and signing a cash agreement, and it is also very dangerous to sign a cutting rights agreement, which is often confused with a cutting area sales agreement. Never sign a contract that has been brought to your home already signed. Be sure to read the contract yourself and use the services of a lawyer or consultant who will explain the contract and ensure that it is correctly and fairly drawn up. Timbro consultants have experience in consulting on a variety of contract signing and tax issues. Our clients do not have to pay an additional fee for these consultations, as it is all included in our consultation fee, which the client pays only in the case of a successful transaction and when they have received payment.

Timbro's legal and tax services provided:

  • Drawing up a sales contract and conducting negotiations
  • Drawing up a cutting area sales contract
  • Drawing up lease agreements
  • Organizing the loan agreement process and conducting negotiations
  • Organizing and negotiating a transaction account and/or escrow agreement with a notary
  • Consulting and organizing inheritance law legal issues
  • Organizing and representing the process of contesting biotopes and restrictions
  • Tax consultations

Timbro is your lawyer in all legal and tax matters related to transactions with rural properties. Timbro consultants will ensure that your interests are protected and that you receive the highest possible profit, while complying with all legal norms. We earn our commission only when you earn!

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Legal and tax issues in which owners fall, suffering losses

Unfortunately, there are frequent cases when, using the owner's ignorance and trust, incorrect and disadvantageous contracts are concluded for the landowner, resulting in losses or failure to obtain the highest possible profit.

The Timbro Rural Advisory Center recommends being careful with these legal contract forms:

  • Cash and cash agreement – never take cash, it is a trap and a scare tactic that will prevent you from withdrawing from the deal. At Timbro, we have experienced many cases where, by threatening that the cash will have to be repaid several times over, owners are forced to sell properties disadvantageously. First, the law stipulates that the repayment of cash cannot be greater than double the amount, secondly, our experience shows that often repaying the cash even in double the amount is more profitable than selling to an intermediary losing 50%!
  • Timber harvesting rights sales contract - often this form is confused with a cutting area sales contract, but it is not the same thing! Harvesting rights allow the owner of this contract to basically do whatever he wants on the property, which relates to what and how much to cut on the property. Accordingly, it may be a surprise to find out that much more has been cut on the property than you imagined would be cut.
  • Many resellers talk about the possibility of saving on taxes by dividing the purchase into two contracts - one for biological assets, the other for property purchase. If this is done with one legal entity, then it is a violation of the law, and the VID (State Revenue Service) can impose a fine and make you pay taxes in triple amount. There is also a risk that you simply will not be paid for the biological assets!

Do not be afraid to defend your rights and, if necessary, contact the relevant institutions or call Timbro and we will help you resolve any difficulty. Beware of local resellers who, by rushing, deceiving and psychological pressure, try to get you to sell the property, as a result of which you will lose 30-50%!

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Frequently asked questions about taxes and legal nuances
How much do legal and/or tax consultations cost?
For clients of the Timbro Rural Property Consulting Center, these consultations are included in the service package, which is covered by the commission fee in the event of a successful outcome. If you are not a Timbro client, then on average the market price for a professional lawyer or attorney will be from 50 euros per hour.
What to do if I have entered into a down payment agreement and want to break it?
The main thing is not to panic and not to be afraid! We live in a legal state where it is possible to break any contract, regardless of what the other party tells you. Before breaking the contract, it is important to understand whether it is beneficial, as most down payment agreements stipulate that when they are broken, the down payment must be returned in double amount. Timbro will assess the true final value of the property and, if it is economically beneficial, will help to break the contract and obtain the highest possible benefit from the property.

Don't fall into legal traps! Contact us and Timbro will help you!

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