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August 9, 2018
When renting out your property, with or without furniture, a risk is taken that upon termination of such tenancy the property and/or the fixtures/fittings/furniture are not returned with only the normal “wear and tear” deterioration. However, how do you “prove” that the property and/or the furniture was in a much better state before the tenancy...
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On the 3rd of September 2015 the House of Representatives passed the Immovable Property (Transfer and Mortgage Law 9/1965, as amended (139(I)/2015). Simultaneously the Immovable Property (Transfer and Mortgage) (Protection of Buyers) Regulations (Regulatory Administrative Act KPD 298/2015) of 2015 were adopted. This new law assists purchasers, who have fulfilled their obligations under the contract...
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