Costs of buying a real property are multidimensional. If you are primarily interested in the lawyer’s fee of buying a home, please click here to see the specific lawyer’s fees of our office for a real estate sales contract. In this article, we briefly take into account the most important costs involved in buying a residential property. We have grouped the cost types according to costs of buying an apartment costs of buying a house costs of buying a plot of land Costs of buying an apartment Lawyers’s fees In view of the mandatory lawyer’s countersignature and the mandatory legal representati ..read more

In the following, we will take a look at the aspects that are worth keeping in mind when foreigners come to Hungary from abroad to acquire real estate. A reliable real estate lawyer is the key element of the process. What might be obvious to us here in Hungary, may need some explanation to a native of a foreign country. The following points have been compiled in this spirit. Choosing a real estate lawyer Step 1 to buy a real property is always to hire a real estate lawyer! Unfortunately, it is common practice in Hungary for a buyer to first contact a lawyer only after finding the property, ag ..read more

It is not possible to describe a real estate sales contract in a 1500-word article, but even to list the most important headings related to it would be a hopeless attempt. In this article we will do no more than highlight some of the topics of general interest in the field of contracts for the sale of immovable property. Concept and main features of a real estate sales contract: Here are the most basic cornerstones of a hungarian real estate sales contract: The seller undertakes to transfer the ownership and possession of the property. In return, the buyer must pay a purchase price. All this ..read more

The down payment is a well-known piece of legal pop culture, and its most basic features have become part of lay legal knowledge with regard to property sale and purchase contract. It can be seen as a voluntary sanction for breach of contract. What is a down payment? This is the amount of money transferred when the real estate sales contract is concluded. It is used to confirm the commitment to perform the sales contract. Let’s say that it is a voluntary penalty for breach of contract. Let’s see how this security-like amount behaves during the performance of the contract. If the contract for ..read more