Where to report the purchase of a flat

Buying a flat involves a considerable number of formal matters that must be dealt with after the transaction. We want to give you a few tips to make your visits to public offices easier. Above all, we want to answer the question of where to report the purchase of a residential property. Stay with us and learn about another issue concerning transactions on the real estate market.

Civil law transactions tax (PCC)

The laws on the acquisition of property are identical for a flat and for a house. The purchase must be reported to the appropriate authorities. We are obliged to pay civil law transactions tax (podatek od czynności cywilnoprawnych, PCC) of two per cent of the market value of the property. It is calculated during the visit to the notary, and it is in the notary's office that the declaration concerning this charge is drawn up. The notary's office usually takes care of the whole matter, so we do not have to deal with it ourselves.

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Where to report the purchase of a flat? – A visit to the tax office

After buying a flat, you need to visit the tax office if you have taken out a mortgage. A declaration on the establishment of a mortgage in favour of the bank must be submitted within 14 days of its establishment. The tax is 19 PLN where a claim of undetermined value is secured, or 0.1% in the case of an ordinary mortgage. The next step is taken at the city or municipal office responsible for the area where the property is located. We are obliged to report the new owner. At the same office we can also apply for registration of residence in the given city. The last point is not mandatory. The owner of a property does not have to be registered as resident in it. A gift of money or of property must also be reported to the tax office, even if it is not taxed. For this step we have much more time, as much as six months.

READ ALSO – WHAT TO LOOK OUT FOR WHEN TAKING OVER A FLAT ON THE SECONDARY MARKET

Other formalities

Offices are not the only institutions you need to contact after acquiring a property. You must also sort out matters connected with the agreements with the electricity company and the gas company. The agreements must be set up or transferred to the new owner. Do not leave this until the last minute.

Want to make your first transaction on the real estate market but not sure which formalities to remember? Turn to the advice we regularly give on our blog, or visit the REMAX Gold estate agency and ask an estate agent for advice.