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Significant changes for creditors repossessing properties
- CMS Cameron McKenna
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- Hungary
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- June 15 2012
From 1 July, creditors will be at a significant disadvantage when repossessing a property
Gaining exemption from the ban on shopping malls
- CMS Cameron McKenna
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- Hungary
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- March 6 2012
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
Compulsory energy certificate for buildings
- CMS Cameron McKenna
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- Hungary
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- January 6 2012
From 1 January 2012, an energy certificate must be produced when buildings are sold or let
Ban on shopping malls until 2015
- CMS Cameron McKenna
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- Hungary
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- December 22 2011
Parliament has banned the construction of retail units bigger than 300m2, whether new-builds or extensions, between 1 January 2012 and 31 December 2014
Real estate investment trusts
- CMS Cameron McKenna
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- Hungary
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- August 15 2011
On 19 July 2001, it became possible to establish real estate investment trusts (REITs) in Hungary
Number of required assessments may increase dramatically
- CMS Cameron McKenna
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- Hungary
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- July 19 2011
The Government Decree No. 822011 (V.8.) (“Decree”) adopted by the Hungarian Government inter alia has also amended the Government Decree No. 3142005 (25. XII.) on the environmental impact assessment, which will dramatically increase the number of environmental impact assessments carried out from September
Current Search
- Jurisdiction - Hungary
- Author - Gábor Czike