In its resolution dated 20 November 2019, the Supreme Court concluded that an agreement must not provide for a contractual penalty in the event a party rescinds such agreement due to the other party’s failure to perform its...more
The act amending the Act on the National Housing Resources was signed by the President on 2 July 2019. The purpose of this act is to ensure the smooth implementation of the governmental project “Apartment Plus”. ...more
The Council of Ministers, at the request of the President of the Competition and Consumers Protection Office, adopted a new draft Act on Protection of the Rights of Buyers of residential Premises or a Detached House (the...more
The draft amending act to the Construction Law includes the solution the purpose of which is not only to accelerate the investment process but also to increase the certainty of transactions and ensure the durability of...more