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For buyers, sellers, investors and company shareholders

Escrow lawyer in Prague: attorney escrow

The purchase price is released only once everything is legally in order. For transfers of real estate and business shares, and for settlements between shareholders.

Check whether escrow suits your transactionFees
  • Funds held on a separate account, outside the attorney's own assets
  • Released only once the contractual conditions are met
  • Professional liability insurance up to CZK 50 million, supervised by the Czech Bar Association
Handing over the keys to a property

Clients we work with

When escrow makes sense

Two typical cases

  1. Selling or buying property

    The purchase price is released only after the ownership right has been registered. Neither party has to perform first, and if a complication arises, there is a legal solution. A flat, a house, a development project or a co-ownership share.

  2. B2B transactions

    Transfer of a limited liability company (s.r.o.), investor entry, settlement between shareholders. The escrow is linked to the transaction documents, and the funds are released only once all steps have been completed.

Price agreed in advance

Attorney escrow fees

Up to CZK 1,000,000

CZK 5,000excl. VAT · CZK 6,050 incl. VAT

CZK 1,000,001 – CZK 5,000,000

CZK 7,500excl. VAT · CZK 9,075 incl. VAT

CZK 5,000,001 – CZK 10,000,000

CZK 11,800excl. VAT · CZK 14,278 incl. VAT

CZK 10,000,001 – CZK 25,000,000

CZK 16,700excl. VAT · CZK 20,207 incl. VAT

CZK 25,000,001 – CZK 50,000,000

CZK 25,800excl. VAT · CZK 31,218 incl. VAT

Over CZK 50,000,000

individualdepending on the transaction

Included in the price

Administration of the escrow until settlement, setting up a dedicated escrow account, AML identification (anti-money-laundering checks) and notifications, communication with all parties.

Not included (we are happy to arrange)

Purchase agreement, application for registration in the Land Register (katastr nemovitostí), powers of attorney, certification of signatures, translations, apostilles. Property transfer including the application for registration from CZK 24,900 excl. VAT.

Approach

How escrow works

  1. Consultation and draft escrow agreement

    We clarify the subject of the transaction and the conditions under which the funds will be released. We prepare a draft escrow agreement.

  2. Signing and identification of the parties

    Signing in person or under a power of attorney. We always carry out identification under the Anti-Money Laundering Act (AML), including for foreign clients.

  3. Receipt of funds into escrow

    The buyer sends the funds to a dedicated escrow account opened solely for this escrow. Once the funds arrive, we promptly send a confirmation and an account statement.

  4. Release once the conditions are met

    As soon as fulfilment of the agreed conditions has been evidenced (e.g. registration in the Land Register), we release the funds. Usually on the same day.

Frequently asked questions

Short answers

How much does attorney escrow cost in the Czech Republic?

The fee depends on the amount held in escrow: up to CZK 1,000,000, it is CZK 5,000 excl. VAT. For amounts over CZK 50 million, we set the fee individually. The price includes administration of the escrow, setting up a dedicated escrow account, AML identification and communication with the parties.

When is the money released from escrow?

Only once the conditions agreed in the escrow agreement have been evidenced; for a property transfer, typically after the ownership right has been registered in the Land Register. We usually release the funds on the same day.

Where is the money held during the escrow?

On a separate bank account in the name of the law firm, used exclusively for escrow purposes. The money does not form part of the attorney's assets.

What is not included in the escrow fee?

Preparation or review of the purchase agreement, the registration proceedings at the Land Registry Office, powers of attorney, certification of signatures, translations and apostilles. We can arrange these separately or as a package with a price agreed in advance.

Terms of service: terms and conditions. Purchase agreements are covered on our Buying property page. For developers, we also prepare the declaration dividing a building into units and set up the owners' association (SVJ).

Related case law

19 case-law analyses on real estate (in Czech)

Planning a transfer?

At a free initial consultation, we check whether escrow is suitable for your transaction and send you a quote within 1 business day.

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