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Tag: real estate market in Romania

Pre sale purchase agreement in Romania

Restricting the advance payment to the real estate developers in Romania – Maximum 10% – Draft Law

How can a real estate lawyer in Romania assist you when concluding a presale and purchase agreement in Romania? In 2024, more and more real estate developers in Romania are building properties, making the real estate market in Romania continuously expand. Recently, a new draft law was proposed to restrict the advance payment to 10% […]

consumer protection in Romania

New legislative changes in consumer protection in Romania. Limited interest rates and new rights for consumers

The new legislative changes introduce limits on interest rates and ensure consumer protection in Romnaia Through the implementation of Law No. 243/2024 regarding consumer protection in Romania, the legislator aimed to enhance consumer safety and maintain a general contractual balance to also protect the real estate market in Romania. Transparency is ensured regarding mortgage loans […]

contracts in Romania

Contracts lawyer in Romania. The usufruct agreement

Legal aspects of the usufruct agreement in Romanian civil law The usufruct agreement in Romania grants a person (usufructuary in Romania) the right to use and benefit from the fruits of a property belonging to another person (bare owner in Romania), without having the right to dispose of it. It is a frequently used solution […]

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