On 14 May 2018, a draft law (PL no. 190/2014) regarding certain measures for the rehabilitation of tourist facilities of national interest was included on the agenda of the Chamber of Deputies.

March 2020 – Victor Constantinescu, Managing Partner of Kinstellar's Bucharest office and Co-head of the firm-wide Real Estate sector, participated as a guest speaker in an online panel

On 26 November 2019, Law no. 230/2019 on the approval of Emergency Ordinance no. 23/2019 for the supplementing of the National Education Law no. 1/2011 (Education Law),

This year, Romania significantly changed its legislation on the sale of farmland, as detailed in this article. Widely criticised for creating restrictions on the access of foreigners to...

Romania's new residential real estate law introduces mandatory notarial registration, dedicated escrow accounts, and milestone-based payment schedules following high-profile developer insolvencies. The reforms fundamentally restructure how advance payments are protected and how sale promises must be documented, bringing Romanian practices closer to established European standards.

The smart city concept has been a topic of much debate and several legal instruments, such as the New Leipzig Charter or the Pact of Amsterdam.

Confusing rules around standalone battery storage have long complicated Romania’s renewable energy goals. A legislative proposal aims to fix this by offering clearer rules to support the larger projects ...

While market's attention has been drawn to the new pre-emption rights and the like introduced by the government to curtail sales of agricultural land, a far more ominous legislative change...

A two-and-a-half-year deadlock impeding the sale of Romanian farmland located outside buildable areas and acquired less than eight years ago seems to have been finally cleared.

Romania is currently facing a rising tendency regarding foreign investments, especially in the retail, logistics and production sector.

All the transition periods for operators and owners of buildings and facilities missing a fire security authorisation expired at the end of last year (2017), so that severe penalties are now applicable...

The end of 2020 and the beginning of this year have brought a lot of uncertainty to the sale of farmland located outside buildable areas.

I remember one of my first difficult title reviews as a lawyer in an international law firm. It was the year 2002; Romania had many unclear rules, and many state-owned companies and many properties had been confiscated by the state during communism.

The new Romanian Civil Code (the "RCC") came into force on 1 October 2011 and has reformed the legal concept of Acquisitive Prescription is established in the former Civil Code.

When Schoenherr entered the Romanian market 25 years ago, the local real estate sector was barely getting off the ground.

With a streamlined system of real estate protection and a modern Civil Code, property interests and real estate

The former Civil Code, adopted in 1864, had not experienced major changes over time. Romanian policy-makers chose a radical solution: removal of the old code and enactment of a new one.

Starting with 2014, after the entry into force of new prudential rules imposed by the Basel III international standards, as well as by Directive 2013/36/EU and Regulation no. 575/2013, ...

On 24 July 2009, the new Romanian Civil Code (Cod Civil; RCC) was published in the Official Gazette.

From an economic perspective, especially in the current business environment, contractual freedom is the best legal method to satisfy the legitimate interests of individuals...