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  • Article

    Expected Changes In The Undivided Joint Ownership Rules

    As Mr. István Nagy, Minister of Agriculture explained in September 2018, „the undivided joint ownership paralyses the Hungarian economy, and from a competitiveness point of view it is essential...
    HungaryReal Estate and Construction
    KCG Partners Law Firm
    KCG Partners Law Firm
  • Article

    Infringement Proceeding Against Hungary – Update

    The legal practice analyser group of the Curia (i.e. the Hungarian supreme court) published a summarizing opinion on the judicial practice of the possession protection cases initiated before Hungarian notaries.
    HungaryReal Estate and Construction
    KCG Partners Law Firm
    KCG Partners Law Firm
  • Article

    New Decision Of The Constitutional Court On The Establishment Of Water Line Easement In Hungary

    The Constitutional Court of Hungary declared that this provision is contrary to the Fundamental Law of Hungary since the right to seek proportional compensation cannot be excluded by law.
    HungaryReal Estate and Construction
    KCG Partners Law Firm
    KCG Partners Law Firm
  • Article

    New Regulations On The Register Of Condominium Managers, Real Estate Agents And Property Evaluators

    The content of the notification is also detailed by the new provisions.
    HungaryReal Estate and Construction
    KCG Partners Law Firm
    KCG Partners Law Firm
  • Article

    No Need For Attorneys For The Sale Of Land Of Low Value?

    The Hungarian Chamber of Agriculture (HCA) submitted a package of proposals to the Hungarian Parliament in June 2018 with the aim of improving the competitiveness of Hungarian agriculture.
    HungaryReal Estate and Construction
    KCG Partners Law Firm
    KCG Partners Law Firm
  • Article

    Stricter Regulations For Shopping Centers

    The establishment and renovation of shopping centers will be governed by stricter rules according to a new regulation approved in the summer 2018.
    HungaryReal Estate and Construction
    KCG Partners Law Firm
    KCG Partners Law Firm
  • Article

    The First BIM Handbook In Hungary Is Available

    The first Hungarian BIM Handbook has been prepared and published on the website of Lechner Tudásközpont on 22 June 2018, free of charge.
    HungaryReal Estate and Construction
    KCG Partners Law Firm
    KCG Partners Law Firm
  • Article

    Increase Of Minimum Sale Price May Affect Retail NPL Transactions?

    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.
    HungaryReal Estate and Construction
    Schoenherr (Schönherr Rechtsanwälte)
    Schoenherr (Schönherr Rechtsanwälte)
  • Article

    VAT Rates Slashed For Newly Constructed Residential Buildings

    On 15 December 2015, the Hungarian Parliament introduced a new act amending the VAT rates currently applied on newly constructed residential real estate.
    HungaryTax
    Schoenherr (Schönherr Rechtsanwälte)
    Schoenherr (Schönherr Rechtsanwälte)
  • Article

    Civil Law - Ownership Registration With "Zero Certificate" In Hungary

    The analysis involved cases between the period of 1 January 2014 and 31 December 2015, and covered 25 different questions.
    HungaryReal Estate and Construction
    KCG Partners Law Firm
    KCG Partners Law Firm
  • Article

    New Ministerial Decree On The Detailed Rules Of The Land Classification In Hungary

    At the beginning of October 2017, a new ministerial decree entered into force on the classification of arable lands.
    HungaryReal Estate and Construction
    KCG Partners Law Firm
    KCG Partners Law Firm
  • Article

    Significant Amendments To The Hungarian Land Act

    In case the obligor breaches the restrictions of the acquisition, as a first step he/she must comply within six months with the conditions that are necessary for the maintenance of the lawful status.
    HungaryReal Estate and Construction
    KCG Partners Law Firm
    KCG Partners Law Firm
  • Article

    Doing Business In Hungary

    Dentons' Budapest office has recently published its first "Doing Business in Hungary" guide. This comprehensive guide for foreign investors is designed to advise and assist companies looking
    HungaryCorporate/Commercial Law
    Dentons
    Dentons
  • Article

    The Investment Agency Will Supervise High Volume Public Constructions In Hungary

    In order to create an integrated system for high volume public construction investments, the Hungarian Government has adopted a new legislation.
    HungaryReal Estate and Construction
    KCG Partners Law Firm
    KCG Partners Law Firm
  • Article

    Impacts Of COVID-19 On The Labor And Real Estate Markets

    How do we maintain a successful home office set-up now that home office is ubiquitous?
    HungaryCoronavirus (COVID-19)
    Schoenherr (Schönherr Rechtsanwälte)
    Schoenherr (Schönherr Rechtsanwälte)
  • Article

    Is The Future Of Airbnb In Hungary Boxed Into A Corner?

    While few would have predicted it just a short while ago, Airbnb's rapid expansion in the Hungarian short-term rental market may soon come to a halt.
    HungaryReal Estate and Construction
    Schoenherr (Schönherr Rechtsanwälte)
    Schoenherr (Schönherr Rechtsanwälte)
  • Article

    Long Term Loans from the National Bank Of Hungary in Return for Hard Currency

    HungaryAntitrust/Competition Law
    Beiten Burkhardt Mittle & Wegener
    Beiten Burkhardt Mittle & Wegener
  • Article

    Long Term Loans from the National Bank Of Hungary in Return for Hard Currency

    HungaryGovernment, Public Sector
    Beiten Burkhardt Mittle & Wegener
    Beiten Burkhardt Mittle & Wegener
  • Article

    Attention, Real Estate Developers And Energy Professionals In Hungary! The Legal Framework Of The World Behind The Meter Has Arrived!

    As of 1 January 2024, material amendments to several Hungarian energy laws have come into effect, including, among others, the Hungarian Electricity Act (Act LXXXVI of 2007)...
    HungaryReal Estate and Construction
    Kinstellar
    Kinstellar
  • Article

    New Architecture Act: Does It Support The Local Market Or Only Aims Regionalization?

    Hungary, renowned for its architectural heritage, is on the verge of a major transformation in architecture and construction.
    HungaryReal Estate and Construction
    Schoenherr (Schönherr Rechtsanwälte)
    Schoenherr (Schönherr Rechtsanwälte)

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