Commercial Pledges

Forms

State fee/ Period of time for consideration of documents (working days)

Publication in the official gazette Latvijas Vēstnesis (LVL)

Documents to be submitted

New one

A1.1-A8

25/5

No

Contract of the commercial pledge, 3 copies; Document from which results the secured claim, 3 copies (credit, overdraft loan); Copies of the court judgement, 3 copies (if by court); Authorization for signing of the application.

Renewal

B1-A8

25/5

No

Renewal contract, 3 copies; Basic contract, 3 copies; Authorization for signing of the application.

Amendments

C1-A8

10/5

No

Contract of the amendments, 3 copies; Basic contract, 3 copies; Authorization for signing of the application.

Cancelation

F1

5/5

No

The commercial pledgee shall sign the application.

Registration of the administrator

D1

10/5

Commercial pledgee and pledgor shall sign the application.

Cession

E1

10/5

No

Cession contract, 3 copies.

Mortgage of the car or tractor

5/5

For each unit

No

The cars shall pay to the Road Trafic Safety Directorat (CSDD);

The tractors shall pay to the State Agency for Technical Surveillance (VTUA)

Mortgage of the herds

1,18/5

For each herd

No