DELAY W/ DELIVERY OF A PROPERTY AND TOLERANCE CLAUSE

Posted by & filed under Residential Law.

Oftentimes a celebration of signing over the transfer contracts for a property sale – can unfortunately be, due to various factors, tainted by a delay in the handing over of the property. For this reason, property developers often insert in the contract a so-called ‘tolerance clause’ in the case of such a delay in relinquishing…

PROMISE OF BUYING / SELLING + FINANCIAL REIMBURSEMENT

Posted by & filed under Residential Law.

The dream of homeownership is one of the most common and therefore, many homebuyers are attracted to the idea of buying something brand new directly from the plans. In this case, it is generally celebrated when the purchase contract is signed and ready and being a long-term contract, assumed that regular installments will be paid…

COMPENSATION FOR DAMAGES

Posted by & filed under Residential Law.

A frequent problem in residential buildings is structural damage in various forms, which can be exacerbated by negligence from the building’s management. For example, inside a building there can be pipes which are property of building management – in both vertical and horizontal form. The vertical ones are the responsibility of building management since they…

RISK OF FORMING A PROPERTY CONTRACT WITHOUT PROPER LEGAL GUIDANCE

Posted by & filed under Post.

in almost all moments of our life, we observe various contracts – regarding purchase and sale of a property, the rental of a property, or whatever else. On the other hand, it is rather common that people find contract templates online, hoping that this will meet their needs in a simple and affordable manner. However,…