Used as a home. Registered as non-residential. What are the legal and tax risks? | Dr Evaldas Klimas at LRT
“The law must reflect changing social realities rather than ignoring them,” says Dr Evaldas Klimas, Partner at WALLESS. Discussing the legal and tax implications of using non-residential premises as homes, Evaldas calls for a review of unnecessary rules and procedures that make housing less accessible.
There are encouraging signs that regulators are open to more flexible requirements for adapting older buildings for housing. For now, changing a property’s designated use remains subject to planning rules and residential standards – and is not always possible.
Read the full LRT.lt article on using non-residential premises as homes (in Lithuanian) here: https://shorturl.at/ljn0M