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  • 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

    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

    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

    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

    Gaining Exemption From The Ban On Shopping Malls

    The procedure for requesting an exemption from the current ban on building retail units bigger than 300m2 (whether new-builds or extensions) has now been announced.
    HungaryReal Estate and Construction
    CMS Cameron McKenna Nabarro Olswang
    CMS Cameron McKenna Nabarro Olswang
  • 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)
  • Article

    New Residential Projects In Rust Zones: The Hero The Hungarian Residential Construction Industry Deserves After COVID?

    Then the VAT rate was again increased to 27% for new residential projects, leading to a decline, and from February 2020 the COVID-19 pandemic caused a further downturn.
    HungaryReal Estate and Construction
    Schoenherr (Schönherr Rechtsanwälte)
    Schoenherr (Schönherr Rechtsanwälte)
  • Article

    The Deal Of The Century Ahead'

    The official language of the tenders will be Russian, but this should not present an obstacle as US and European companies usually participate in tenders of Atomstroy export.
    HungaryReal Estate and Construction
    VJT & Partners
    VJT & Partners
  • Article

    Whose Fault Is It? The Question Of Liability In Case Of More Than One General Contractor

    This mostly occurs in the case of high volume projects where more than one general contractor performs construction work in parallel on the construction site ("multiple contractors").
    HungaryReal Estate and Construction
    KCG Partners Law Firm
    KCG Partners Law Firm
  • Article

    Compulsory Energy Certificate For Buildings

    From 1 January 2012, an energy certificate must be produced when buildings are sold or let.
    HungaryReal Estate and Construction
    CMS Cameron McKenna Nabarro Olswang
    CMS Cameron McKenna Nabarro Olswang
  • Article

    New Trends In Construction Contracts

    The contractors are still generally punished under the commonly used contracting mechanisms in Hungary instead of being motivated, although in Western Europe contractual clauses facilitating...
    HungaryReal Estate and Construction
    KCG Partners Law Firm
    KCG Partners Law Firm
  • Article

    Potential Obligation To Provide Additional Parking Spaces In Hungary: Further Construction Tasks Or Costs

    If there is no technical possibility to provide the required parking lots, they should be redeemed from the local municipality.
    HungaryReal Estate and Construction
    Schoenherr (Schönherr Rechtsanwälte)
    Schoenherr (Schönherr Rechtsanwälte)
  • Article

    Ban On Shopping Malls Until 2015

    Parliament has banned the construction of retail units bigger than 300m2, whether new-builds or extensions, between 1 January 2012 and 31 December 2014.
    HungaryReal Estate and Construction
    CMS Cameron McKenna Nabarro Olswang
    CMS Cameron McKenna Nabarro Olswang
  • Article

    Judicial Practice On Real Estate Owners Successfully Claiming Compensation From Their Neighbour For View Blocking

    Under the Hungarian Civil Code, neighbours are required to refrain from any conduct that would needlessly disturb others, especially their neighbours, or jeopardize the exercise of their rights.
    HungaryReal Estate and Construction
    Szecskay Attorneys at Law
    Szecskay Attorneys at Law
  • Article

    Important Factors Of Greenfield Investments In Hungary

    In a classical sense, a "greenfield investment" is the construction of a new industrial unit in a territory previously used as agricultural area.
    HungaryReal Estate and Construction
    KCG Partners Law Firm
    KCG Partners Law Firm
  • Article

    New Legislation In The Real Estate Sector In Hungary

    January 2024 – With the adoption in 2023 of Act C on Hungarian Architecture (the "New Legislation"), Hungary's parliament amended several laws affecting the real estate sector...
    HungaryReal Estate and Construction
    Kinstellar
    Kinstellar
  • Article

    Recent Changes In The Hungarian Construction Law: Mandatory Use Of An Electronic Construction Log (e-Log)

    While the Budapest construction scene is awaiting signs of recovery and an increase of development activities, new stories may no longer be written with pen and paper.
    HungaryReal Estate and Construction
    Schoenherr (Schönherr Rechtsanwälte)
    Schoenherr (Schönherr Rechtsanwälte)
  • Article

    Így kerüljük el a parttalan vitákat a többletmunka miatt

    Építési kivitelezési szerződések tárgyalása és a kivitelezés folyamata során sokszor tapasztalt probléma a többletmunka és a pótmunka fogalmának félreértett alkalmazása, amely hosszú...
    HungaryReal Estate and Construction
    KCG Partners Law Firm
    KCG Partners Law Firm

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