On the property market you will often come across houses, semi-detached houses, terraced houses or family homes held in undivided co-ownership. Although these properties are often available at a more favourable price than condominium units or properties with their own separate land registry number, buying them requires increased care. Buying a property in undivided co-ownership...Read More

Buying real estate is one of the most significant financial decisions in most people’s lives. When choosing a flat or a house, buyers usually focus on the property’s condition, location and price – yet examining the legal status of the property is at least as important. Many people believe that the lawyer’s task is limited...Read More

When buying real estate, a vehicle or entering into another high-value transaction, the question often arises whether the parties should pay earnest money (foglaló) or an advance payment (előleg). Although in everyday usage many treat the two terms as synonyms, from a legal perspective there is a significant difference between them. The difference becomes especially...Read More