40 result(s) for changes in Property
Kúria Affirms Validity Of Foreign-Currency Loans In Hungary
- 17 Dec 2013 7:00 AM
- property
The Kúria ruled on Monday that foreign-currency mortgage loans are valid, are not immoral, do not constitute usury, and are not “sham contracts”. A two-thirds majority of the special panel of 36 judges ruled that borrowers must bear the risks of such loans, including the risk associated with currency fluctuations.
Xpat Opinion: Property Ownership In Hungary
- 22 Apr 2013 9:00 AM
- property
Property in Hungary is predominantly free hold and any individual (natural person) or company (legal entity) may be registered as owner, regardless of citizenship. A non-resident buyer, whether from the EU or outside, must go through a formal process of obtaining a permit from the local authorities, which is part of the purchase process overseen by a lawyer.
The New Construction Law To Bring Changes In Hungary
- 27 Sep 2012 9:00 AM
- property
The new construction law can bring a regime change to the building industry – said the Ministry of Interior’s Deputy State Secretary for Regional Development and Construction Péter Szaló on Tuesday during a consultation with building industry entrepreneurs in Székesfehérvár.
Low Rents For Failed Mortgage Debtors In Hungary
- 22 Mar 2012 8:00 AM
- property
"The cabinet yesterday decided that very low rents will be charged to troubled mortgage borrowers who sell their homes to the National Asset Manger (NET). The NET was created last year to buy an estimated 25,000 homes by 2014 at 35-55% of market value from financially strapped mortgage debtors, who will become tenants.
Kúria Affirms Validity Of Foreign-Currency Loans In Hungary
- 17 Dec 2013 7:00 AM
- property
The Kúria ruled on Monday that foreign-currency mortgage loans are valid, are not immoral, do not constitute usury, and are not “sham contracts”. A two-thirds majority of the special panel of 36 judges ruled that borrowers must bear the risks of such loans, including the risk associated with currency fluctuations.
Xpat Opinion: Property Ownership In Hungary
- 22 Apr 2013 9:00 AM
- property
Property in Hungary is predominantly free hold and any individual (natural person) or company (legal entity) may be registered as owner, regardless of citizenship. A non-resident buyer, whether from the EU or outside, must go through a formal process of obtaining a permit from the local authorities, which is part of the purchase process overseen by a lawyer.
The New Construction Law To Bring Changes In Hungary
- 27 Sep 2012 9:00 AM
- property
The new construction law can bring a regime change to the building industry – said the Ministry of Interior’s Deputy State Secretary for Regional Development and Construction Péter Szaló on Tuesday during a consultation with building industry entrepreneurs in Székesfehérvár.
Low Rents For Failed Mortgage Debtors In Hungary
- 22 Mar 2012 8:00 AM
- property
"The cabinet yesterday decided that very low rents will be charged to troubled mortgage borrowers who sell their homes to the National Asset Manger (NET). The NET was created last year to buy an estimated 25,000 homes by 2014 at 35-55% of market value from financially strapped mortgage debtors, who will become tenants.