Civil Litigation in Hungary

In case a dispute concerning a civil matter occurs and subsequently no settlement is reached between the parties, most of the times the issue will be dealt with before the competent court pursuant to the rules laid down in the Civil Procedure Act. Courts In Hungary currently there is a four-tier court system: there exist more than a hundred district courts which deals with cases concerning for instance family law,…

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Sale and Purchase of Properties in Hungary

In Hungary the devolution of property when it comes to land and a building on it, contains two major steps. Written and countersigned sale and purchase agreement: First of all a written sale and purchase agreement has to be drafted and signed by the parties. There are a number of obligatory elements and formalities which the seller and the purchaser have to comply with. The contract has to be countersigned…

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