---
title: "Commercial Property Acquisition"
url: "https://legal.ge/en/service/real-estate-law-en/commercial-property-acquisition-en"
field: "Real Estate Law"
description: "Commercial property acquisition in Georgia: Civil Code Articles 323, 477, 479, 481 and 487 — form, costs, defect warranty. Legal.ge."
reviewed: "2026-07-09"
updated: "2026-10-14"
publisher: "legal.ge"
---

# Commercial Property Acquisition

> Source: legal.ge, https://legal.ge/en/service/real-estate-law-en/commercial-property-acquisition-en

## What Acquiring Commercial Property Means Legally

Acquiring commercial property — the purchase of premises for a clinic, a dental practice or a consulting office — is a transaction regulated by the Georgian Civil Code, every element of which is defined by law. A contract by which one party undertakes to transfer title to immovable property to another, or to acquire it, requires written form — an oral agreement renders such a transaction unlawful. This is the first and foremost rule by which the law disciplines every participant of the immovable-property market.

The content of the sale contract is also prescribed: the seller is obliged to transfer to the buyer the right of ownership in the property, the documents connected with it, and to deliver the goods; the buyer is obliged to pay the agreed price and to accept the property purchased. If the price is not directly indicated in the contract, the parties may agree on the means of determining it — though in practice a precisely fixed price always serves the contract better.

## Allocation of Costs — Who Pays What

The cost question is the most frequently disputed in immovable-property transactions, and the law sets a clear default: the seller of a land plot and other immovable property bears the costs of formalising the sale contract, of registration in the public registry and of submitting the documents necessary for it — unless otherwise provided in the contract by agreement of the parties. By default, therefore, the registration and formalisation costs lie on the seller, and changing this default must be expressly recorded in the contract.

For land plots one further rule exists: the seller must pay the costs incurred before the conclusion of the contract for the development of the plot and similar measures, regardless of the moment when the payment obligation arose. When buying a land plot for a clinic or a practice, this circumstance must be part of the budget planning.

The full text is available on legal.ge after signing in: https://legal.ge/en/service/real-estate-law-en/commercial-property-acquisition-en

### What form does a sale of immovable property require?

Written form — an oral transaction for the transfer or acquisition of title to immovable property is unlawful.

### Who pays the registration cost?

By default the seller, unless the contract provides otherwise.

### What does the defect-free requirement mean?

The seller must deliver an item free of material and legal defects — no third-party claims encumbering the property.

### Can the price be determined later?

Where the contract does not directly state the price, the parties may agree on the means of determining it.