Mondaq All Regions - Hungary: Real Estate and Construction
VJT & Partners
The official language of the tenders will be Russian, but this should not present an obstacle as US and European companies usually participate in tenders of Atomstroy export.
Schoenherr Attorneys at Law
In that case, however, the creditor's claim terminates upon the sale of the property and the distribution of the enforcement proceeds, irrespective of whether the creditor achieved full recovery or not.
Tranio
Budapest is the capital of Hungary, its biggest city and home to about 17% of the population. It measures 525 sq km in total, which is five times bigger than Paris.
Tranio
Oleg, a businessman from Kiev, can hardly be called a first-timer buyer. At the end of last year, he added three apartments in Budapest, Hungary, to his portfolio of overseas property.
SZECSKAY - Attorneys at Law
According to the rules of the new Civil Code, from March 15, 2014 a prohibition of alienation and encumbrance can be established not only when the object in question is transferred.
Schoenherr Attorneys at Law
Among other changes, the New Civil Code introduces the well-known and commonly used legal instrument of business in the legal world: the put option.
Schoenherr Attorneys at Law
While the Budapest construction scene is awaiting signs of recovery and an increase of development activities, new stories may no longer be written with pen and paper.
Schoenherr Attorneys at Law
Please briefly describe the main laws that govern real estate in Hungary.
CMS Cameron McKenna LLP
The procedure for requesting an exemption from the current ban on building retail units bigger than 300m2 (whether new-builds or extensions) has now been announced.
CMS Cameron McKenna LLP
From 1 January 2012, an energy certificate must be produced when buildings are sold or let.
CMS Cameron McKenna LLP
Parliament has banned the construction of retail units bigger than 300m2, whether new-builds or extensions, between 1 January 2012 and 31 December 2014.
SZECSKAY - Attorneys at Law
Under the Hungarian Civil Code, neighbours are required to refrain from any conduct that would needlessly disturb others, especially their neighbours, or jeopardize the exercise of their rights.
SZECSKAY - Attorneys at Law
The Supreme Court of Hungary issued a Civil Law Opinion on 24 June 2009 on various practical issues concerning pre-emption rights, as governed by the Civil Code.
SZECSKAY - Attorneys at Law
In this article, we briefly address the Supreme Court's decision in the so-called Sopron underground parking lot case which has been one of the hottest topics in the legal playing field in the past few months.
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VJT & Partners
The official language of the tenders will be Russian, but this should not present an obstacle as US and European companies usually participate in tenders of Atomstroy export.
Tranio
Oleg, a businessman from Kiev, can hardly be called a first-timer buyer. At the end of last year, he added three apartments in Budapest, Hungary, to his portfolio of overseas property.
Tranio
Budapest is the capital of Hungary, its biggest city and home to about 17% of the population. It measures 525 sq km in total, which is five times bigger than Paris.
Schoenherr Attorneys at Law
In that case, however, the creditor's claim terminates upon the sale of the property and the distribution of the enforcement proceeds, irrespective of whether the creditor achieved full recovery or not.
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