Pavel, Margarit and Associates Romanian Law Firm assisted a Romanian company that operates in the Hospitality, Travel and Leisure domain in regards to exercising the client’s pre-emption right for the acquisition of property in Romania. Pavel, Margarit and Associates Romanian Law Firm recommends contacting a specialized lawyer in Civil law, Real Estate and Construction that can assist you with analyzing the relevant applicable Real Estate legislation in Romania and checking the conditions provided by the law on a case-by-case basis.
The assistance included providing legal advice in regards to the possibility of the client to claim its pre-emption right for the acquisition of property in Romania, namely an important hotel located in Bucharest.
Moreover, the lawyers of Pavel, Margarit and Associates Romanian Law Firm that are specialized in Civil law, Real Estate and Construction analyzed if the offer received by the client from the contracting party fulfilled the requirements provided by the Real Estate legislation in Romania and examined the options of the client in case the right to be offered the property first was violated.
The value of the project that included a complex deal for the acquisition of property in Romania is estimated at EUR 1.500.000.
Pavel, Margarit and Associates Romanian Law Firm recommends contacting a lawyer specialized in Civil law, Real Estate and Construction that can carry out a legal analysis in regards to the legal relations between the parties as per the specific details of the case and providing legal advice with regard to the options for acquiring the property in Romania.
Pavel, Margarit and Associates Romanian Law Firm is one of the top law firms in Romania, offering top legal advice. The Romanian law firm’s clients are foreign and top local companies and high worth individuals. In 2022, the success stories of the Romanian Law Firm have brought recognition from the most prestigious international guides and publications. The firm was ranked third place in Romania by the Legal 500 publication. The Romanian law firm is also recognized by IFLR 1000 Financial and Corporate Guide 2022. Pavel, Margarit & Associates Romanian Law Firm is also the only law firm in Romania recommended by the Global Law Experts Director in London in the Dispute Resolution area of Practice. All the relevant information regarding Pavel, Margarit & Associates Romanian Law Firm can be found on the website www.avocatpavel.ro.