Register of Real Estate Transaction Intermediaries

In order to register in the Register of Real Estate Transaction Intermediaries, an application must be submitted to the Ministry of Economics (this may be done either in person or electronically). Applications may be submitted in either of the following ways:

1. electronically by sending them to the Ministry of Economics email address pasts@em.gov.lv
2. by using the e-service form available on the public administration services portal www.latvija.lv

When submitted electronically, the application must include the following information:

• the name, surname, personal identity number and contact details of the natural person, or the name, registration number and contact details of the legal person;
• the date on which the intermediary plans to commence the provision of intermediation services;
• a confirmation that an internal control system has been established in accordance with the laws and regulations in the field of the prevention of money laundering and terrorism and proliferation financing;
• a confirmation that the registration fee of EUR 40 has been paid for inclusion in the Register of Real Estate Transaction Intermediaries;
• a confirmation that the professional civil liability insurance policy attached to the application complies with the requirements set out in Cabinet Regulation No. 602 of 29 September 2020 “Regulations on Professional Civil Liability Insurance for Real Estate Transaction Intermediaries”;
• a confirmation that the copies of documents attached to the application are true and correct, and that the information provided is complete and accurate.

The following documents must be attached to the application:

• a copy of the professional civil liability insurance policy and a document certifying payment of the policy (payment order);
• a certificate issued by the competent authority confirming the absence of a criminal record, where the real estate transaction intermediary is a citizen of another European Union Member State or a merchant registered in another European Union Member State, as well as documents confirming that the merchant has not been subjected to a coercive measure – liquidation, or any restriction of rights preventing the provision of intermediation services (where the real estate transaction intermediary is a citizen of another European Union Member State or a merchant registered in another European Union Member State).

For submissions via the public administration services portal www.latvija.lv:

The application is submitted exclusively through the portal’s e-service form, depending on the applicant’s status:

• for natural persons
• for legal persons

How to submit an application using the e-service (e-form)

• Authenticate using eID, eParaksts or eParaksts mobile
• Complete the application e-form
• Save and proceed to sending the message via e-Address
• Attach the supporting documents
• Submit the application

!!! Before submitting the application to the Ministry of Economics, the real estate transaction intermediary must pay the initial registration fee in the amount of EUR 40.00.

The annual supervision fee for a real estate transaction intermediary (EUR 40) must be paid each year by the respective date on which the initial registration was completed.

Registration No.: 90000086008
Recipient institution: Ministry of Economics, BIC code: TRELLV22
Account: LV27TREL8120038041000

Real estate transaction intermediaries included in the Register must submit to the Ministry of Economics information on professional development activities completed during the previous year (starting from the date of initial registration) each year, by submitting evidence of participation in such professional development activities within 7 days after the respective date on which the initial registration was completed (a copy of a certificate, attestation, statement issued by the training provider, or another document confirming attendance).

Where the intermediary is a legal person, the obligation to complete professional development activities applies to the natural person who provides real estate transaction intermediation services on behalf of the legal person (each natural person must complete 40 academic hours).

Real estate transaction intermediaries included in the Register must ensure at least 40 academic hours of professional development, regardless of whether the intermediary is included in the Register at the beginning or at the end of the calendar year.

• Real Estate Transaction Intermediaries Activity Law
• Regulations on the registration fee and annual supervision fee for real estate transaction intermediaries
• Regulations on professional civil liability insurance for real estate transaction intermediaries
• Cabinet Regulation No. 805 of 17 December 2020 "Regulations on Professional Development Activities for Real Estate Transaction Intermediaries"