Increase of the fee for proceedings to sanction the record to be entered in the Land Register

As of the 1st January 2020 the fee for proceedings to sanction the record to be entered in the Land Register is changed. The management charge rate is increased from the existing 1.000,-- CZK to 2,000,-- CZK. In practice it will mean that the motions to enter the records in the Land register that will be delivered to the Land registry on 1 January 2020 or at any time later, will be already charged with a sum amounting to 2,000,-- CZK.