Juridic
Legal Advice: Judicial Partition and Termination of Joint Tenancy in Romania
The termination of joint tenancy in Romania is another step that necessitates the payment of judicial stamp tax. This is the process through which co-owners of a joint property choose how to split it. In Romania, the most frequent instances of termination of joint tenancy involve heirs, business partners, or co-owners of real estate, vehicles, and other significant assets.
Options and Solutions for Nordis Apartments Buyers in Romania
Buyers of Nordis apartments in Romania are currently facing a difficult legal situation due to the developer’s entry into insolvency proceedings in Romania. The insolvent real estate developer is undergoing a legal process in which the judicial administrator or the liquidator becomes responsible for managing the company’s assets and liabilities.