The legal effect of the L.R. information
1. What is the probative value of the LR information sheet? Does the national law provide it with special legal nature, like a public document or authentic act? Are there different types of LR information with different degree of value?
The extracts from Registers do not have a legal validity.
2. What is the degree of reliability of the information? Which are the effects given by the legal provisions in each country to this information, should it be necessary to carry out further investigations?
Data providers shall be responsible for the accuracy and correctness of the data provided to the Register in accordance with the procedure established by the laws of the Republic of Lithuania and, after receiving information that the data they provided is incorrect or incomplete, shall correct it and provide the corrected data to the Central Mortgage Office.