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Egyéb
When Is an Estate Inventory Prepared? After the death of a relative, many people assume that a probate hearing automatically takes place in every case. Probate proceedings, however, are a more complex process, and one of their key elements is the estate inventory. But when is an estate inventory prepared, who draws it up, and...
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The Probate Procedure in Hungary After the death of a relative, the family has to cope not only with an emotionally difficult period but also with numerous legal and administrative tasks. Many people then ask: how do probate proceedings work, how long do they take, who takes part in them, and when is the inheritance...
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What Does a Child Inherit? One of the most frequently asked questions in succession law is what a child inherits when one of the parents dies. Many people believe that the child automatically inherits the entire estate in every case, but the rules of intestate succession are more nuanced than that. The extent of the...
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What Does a Spouse Inherit? Many people believe that on the death of their spouse they automatically inherit all of their assets. The reality is far more complex. The intestate succession of a spouse depends on whether the deceased left children, whether their parents are alive, and whether a will was made. Below we summarise...
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A dismissal by the employer is not only an HR decision but also a legal risk. Below we summarise what a company must consider if it wants to terminate an employee’s employment lawfully. Dismissing an employee is a sensitive decision in the life of many companies. An employee’s performance may be inadequate, a position may...
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In the course of a company’s operations, it may happen that the business runs into payment difficulties. Customer payments fail to arrive, supplier debts grow, tax debt builds up, or a creditor sends a payment notice, an order for payment, or even a liquidation petition. One of the most common questions managing directors ask at...
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When buying a property, one of the most important questions for both buyer and seller is when the purchase price must be paid. Many people believe that the full purchase price must be paid when the sale and purchase agreement is signed, but in practice a different payment schedule is used in a significant proportion...
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One of the most frequent questions when buying or selling a property is how long a property sale and purchase takes, that is, how much time passes from the agreement to the acquisition of ownership and the handover of possession. The answer depends on whether the transaction is a cash purchase or financed by a...
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In real estate transactions, one of the most common questions arising early in the negotiations is who chooses the lawyer. Many buyers and sellers believe there is a mandatory statutory rule on this, but the reality is simpler: the parties are free to agree on which lawyer should draft the sale and purchase agreement. Nevertheless,...
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When transferring ownership of real estate, the question often arises whether a gift or rather a sale and purchase is the more favourable solution for the parties. This dilemma is particularly common when assets are transferred between family members, where the parties do not necessarily wish to settle ownership on a commercial basis. Although a...
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