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The Legal 500 Hall of Fame highlights individuals who have received constant praise by their clients for continued excellence. The Hall of Fame highlights, to clients, the law firm partners who are at the pinnacle of the profession. In Europe, Middle East and Africa, the criteria for entry is to have been recognised by The Legal 500 as one of the elite leading lawyers for seven consecutive years. These partners are highlighted below and throughout the editorial.

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Czech Republic > Legal Developments > Real Estate & Property > Law firm and leading lawyer rankings

Editorial

Press releases and law firm thought leadership

This page is dedicated to keeping readers informed of the latest news and thought leadership articles from law firms across the globe.

If your firm wishes to publish press releases or articles, please contact Shehab Khurshid on +44 (0) 207 396 5689 or shehab.khurshid@legalease.co.uk

 

Energy Performance Certificates

May 2013 - Real Estate & Property. Legal Developments by Alfery .

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Starting from 1 January 2013 the amendment to Act No. 406/2000 Coll., on Energy Management, as amended, has increased, to a significant extent, the obligations of developers, building owners, associations of housing unit owners and housing unit owners as well (i.e. owners of flats and non-residential premises) relating to the issue of so-called energy performance certificates. This instrument, which was first introduced in 2009 for new constructions or large scale reconstructions, should provide simple and transparent information about the energy consumption of a building by classifying it in a respective energy performance class, such asweknowit in the case of electrical appliances.

Funds of qualified investors in the Czech Republic: beneficial way of RE investment

September 2009 - Real Estate & Property. Legal Developments by Ambruz & Dark.

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A number of law changes requested over last few years regarding the regime of funds of qualified investors were finally enacted and became effective. These changes may give a positive stimulus to further development of the fund industry in the Czech Republic.

Good Faith in the Acquisition of Real Estate

The rule of good faith is one of the basic principles the state adheres to in its“rule of law”. In the real estate business, this rule is often discussed when a person acquires real estate on the grounds of an agreement which is then terminated by the withdrawal of one of the parties. According to the Czech Civil Code, if the title for the transfer of the ownership ceases to exist, ownership returns back to the original owner, irrespective of whether or not the acquirer acted in good faith. The Supreme Court of the Czech Republic supported such approach in its decisions. However, recently, the Constitutional Court identified this approach as not in accordance with the fundamental rights of people and the basic principle of “rule of law”. It ruled that, in the above cases, good faith must therefore be taken into consideration. It must be noted, however, that this does not apply to cases where the transfer of the real estate was invalid from the beginning.

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The Building Code- as amended

November 2007 - Real Estate & Property. Legal Developments by Alfery .

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As of January 1, 2007 the new (amended) Building Code, i.e. Act No. 183/2006 Coll., on Urban Planning (Zoning) and Building Code (The Building Code) has been amended and enacted.

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Building Act makes slow progress

On March 14, the Chamber of Deputies accepted amendments proposed by the Senate and finally approved the new Building Act, which will become effective Jan. 1, 2007. Lawmakers promised that the whole approval process conducted by the Building Authority will be sped up and simplified, but investors and developers remain skeptical about those claims.

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