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debt recognition agreement in Romania
Articles, Civil Law

Debt recognition agreement in Romania

What is a debt recognition agreement? A debt recognition agreement in Romania is an essential legal instrument in commercial and financial relationships. It formalizes the debtor’s recognition of existing claims, thus providing the creditor in Romania with stronger assurance for debt recovery in Romania of overdue debts. The Romanian Law Firm Pavel Mărgărit and Associates […]

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By : Oct 4, 2024 Comments Off on Debt recognition agreement in Romania
Lease Contract in Romania
Articles, Civil Law

Lease Contract in Romania

Lease Contract in Romania According to the Civil Code, lease is the contract by which one party, called the lessor, undertakes to provide the other party, called the lessee, with the use of a property for a certain period in exchange for a price, known as rent. The lease of real estate and of movable […]

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By : Jan 31, 2024 Comments Off on Lease Contract in Romania
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