After proclamation of Latvia`s independence, there was an intense reorganization of social order and economics in the country, according to a definition of democratic country and open market`s economics principles. People took and interest about obtaining a real estate more and more often, because, as it is known, everything belonged to the country beforehand. Each country`s economical, political and social development determines and affects it`s real estate`s resources – land, mineral deposits, buildings etc. Real estate is one of the most important economical resources and one of the main constituent of national treasures. Shared real estate developed under land reform, when dwelling coverage was committed to privatization, meanwhile, in regard to land under coverage, it`s ownerships were renewed in favour to previous owners or their heirs. For those residents, whose land under coverage belongs to other people, in addition to payments for public utilities and real estate tax, they also are obliged to pay a rent for the corresponding piece of land.