Real estate lawyer in Budapest
If you are looking for a real estate lawyer in Hungary you are in the right place. Here is what we can offer:
-
First bilingual (English-Hungarian) draft of the sales contract in 3 working days
-
Favourable lawyer’s fees
-
Over 2 decades of experience in property law
Our real estate lawyers represents clients in hundreds of real estate sales contracts and real estate gift contracts every year. We represent several developers in new construction projects as well.
Lawyer’s fees for real estate sales contracts and real estate gift contracts
Real estate lawyer’s fees in general are based on the market value of the real property. In our Office it is not the case. We base our legal fees primarily on the volume of work. It is therefore possible that:
-
for simple bilingual, English – Hungarian real estate sales and purchase agreement the lawyer’s fee is around 0.5% of the market value of the property;
-
for simple bilingual, English – Hungarian real estate gift contracts, the lawyer’s fee is around 0.3% of the market value of the property
As our fees depend mainly on the work to be done, the lawyer’s fee is even more favourable if the market value exceeds HUF 90 million. Please contact us for an individual offer.
- In case of real estate sales contracts the minimum lawyer’s fee is EUR 300
- In case of real estate gift contracts, the minimum lawyer’s fee is EUR 250
Call us now! +36303001354
Property law blog
We share our nearly two decades of experience with real estate sales contracts and other real estate contracts in an easy-to-understand, readable form with our blog, available at the link below.
On our real estate blog you can read articles on popular topics such as:
Services related to real estate sales and gift contracts
The lawyer’s fee for a contract of sale of real estate and a contract of gift of real estate includes the following services:
- drafting the contract, submitting it to the Land Registry;
- taking a registration permit into escrow and submitting it to the Land Registry;
- filling in and submitting the NAV form;
- representation before the Land Registry until the registration of ownership;
- acquiring the abstract of title from the TAKARNET system for a fee of HUF 3.000
- providing advice on basic tax issues
Expenses of real estate sales and gift contracts
In addition to the lawyer’s fees, the following expenses will be incurred in the administration of the real estate sales and gift contracts:
- HUF 6.600 land registry procedure fee;
- HUF 3.000 fee acquiring the abstract of title from the TAKARNET system;
- HUF 2.250 for a copy of the map, which is required when buying a plot of land or a house;
Obtaining the abstract of title of a property
If you give appointment to our law firm, the first step is to obtain the abstract of title of the real property. This will help us to clarify the ownership of the property and check whether there is any encumbrance on the property, be it a mortgage, a usufruct or a right of pre-emption.
Buying property with a bank loan
In the event of a loan being taken out by the buyer when purchasing a real property, our lawyers will prepare a draft sales contract in accordance with the bank’s requirements. The requirements for these sales contracts may vary from one financial institution to another. In order to prepare the sale and purchase contracts accurately, we update our database with the latest bank requirements, so that we can easily incorporate the current requirements of the commercial bank into the real estate sale and purchase contract by providing the name of the lending bank.
Buying a mortgaged property
Our law firm also routinely handles cases where a bank mortgage registered on the abstract of title of the real property. In these cases, the seller obtains a certificate from the holder of the claim for the amount of the outstanding debt by the date of the sale and purchase agreement. The safest way to unencumber the property is for the buyer to transfer the part of the purchase price needed to unencumber the charge directly to the bank as mortgagee or to the bailiff. It is the responsibility of our law firm to provide the buyer with the security of the property sale contract in these situations.
Real estate sales contract sample
It is important to emphasise that today economic life has become so complex, the purchase of a property involves so many possible pitfalls that even in the case of the simplest home purchase we cannot and do not want to work with a pre-drafted sales contract or real estate sales forms. In each case, we carefully examine individually the prerequisites for the risk-free conclusion of a real estate contract for a given apartment, house or other real estate transaction, and our Law Firm prepares the real estate sales contracts taking these conditions into account.
Our service goes far beyond the simple technical management of sale and gift contracts. Our decades of experience as lawyers guarantee that our clients’ business interests are fully asserted and that the risks associated with the conclusion of a contract are excluded.
Call us now! +36303001354
Real estate lawyer in Budapest
If you are looking for a real estate lawyer in Hungary you are in the right place. Here is what we can offer:
-
First bilingual (English-Hungarian) draft of the sales contract in 3 working days
-
Favourable lawyer’s fees
-
Over 2 decades of experience in property law
Our real estate lawyers represents clients in hundreds of real estate sales contracts and real estate gift contracts every year. We represent several developers in new construction projects as well.
Lawyer’s fees for real estate sales contracts and real estate gift contracts
Real estate lawyer’s fees in general are based on the market value of the real property. In our Office it is not the case. We base our legal fees primarily on the volume of work. It is therefore possible that:
-
for simple bilingual, English – Hungarian real estate sales and purchase agreement the lawyer’s fee is around 0.5% of the market value of the property;
-
for simple bilingual, English – Hungarian real estate gift contracts, the lawyer’s fee is around 0.3% of the market value of the property
As our fees depend mainly on the work to be done, the lawyer’s fee is even more favourable if the market value exceeds HUF 90 million. Please contact us for an individual offer.
- In case of real estate sales contracts the minimum lawyer’s fee is EUR 300
- In case of real estate gift contracts, the minimum lawyer’s fee is EUR 250
Call us now! +36303001354
Property law blog
We share our nearly two decades of experience with real estate sales contracts and other real estate contracts in an easy-to-understand, readable form with our blog, available at the link below.
On our real estate blog you can read articles on popular topics such as:
Services related to real estate sales and gift contracts
The lawyer’s fee for a contract of sale of real estate and a contract of gift of real estate includes the following services:
- drafting the contract, submitting it to the Land Registry;
- taking a registration permit into escrow and submitting it to the Land Registry;
- filling in and submitting the NAV form;
- representation before the Land Registry until the registration of ownership;
- acquiring the abstract of title from the TAKARNET system for a fee of HUF 3.000
- providing advice on basic tax issues
Expenses of real estate sales and gift contracts
In addition to the lawyer’s fees, the following expenses will be incurred in the administration of the real estate sales and gift contracts:
- HUF 6.600 land registry procedure fee;
- HUF 3.000 fee acquiring the abstract of title from the TAKARNET system;
- HUF 2.250 for a copy of the map, which is required when buying a plot of land or a house;
Obtaining the abstract of title of a property
If you give appointment to our law firm, the first step is to obtain the abstract of title of the real property. This will help us to clarify the ownership of the property and check whether there is any encumbrance on the property, be it a mortgage, a usufruct or a right of pre-emption.
Buying property with a bank loan
In the event of a loan being taken out by the buyer when purchasing a real property, our lawyers will prepare a draft sales contract in accordance with the bank’s requirements. The requirements for these sales contracts may vary from one financial institution to another. In order to prepare the sale and purchase contracts accurately, we update our database with the latest bank requirements, so that we can easily incorporate the current requirements of the commercial bank into the real estate sale and purchase contract by providing the name of the lending bank.
Buying a mortgaged property
Our law firm also routinely handles cases where a bank mortgage registered on the abstract of title of the real property. In these cases, the seller obtains a certificate from the holder of the claim for the amount of the outstanding debt by the date of the sale and purchase agreement. The safest way to unencumber the property is for the buyer to transfer the part of the purchase price needed to unencumber the charge directly to the bank as mortgagee or to the bailiff. It is the responsibility of our law firm to provide the buyer with the security of the property sale contract in these situations.
Real estate sales contract sample
It is important to emphasise that today economic life has become so complex, the purchase of a property involves so many possible pitfalls that even in the case of the simplest home purchase we cannot and do not want to work with a pre-drafted sales contract or real estate sales forms. In each case, we carefully examine individually the prerequisites for the risk-free conclusion of a real estate contract for a given apartment, house or other real estate transaction, and our Law Firm prepares the real estate sales contracts taking these conditions into account.
Our service goes far beyond the simple technical management of sale and gift contracts. Our decades of experience as lawyers guarantee that our clients’ business interests are fully asserted and that the risks associated with the conclusion of a contract are excluded.
Call us now! +36303001354
