Our lawyers for Forbes: The New Development Act. What’s changing for home buyers
The New Development Act will introduce many novelties to the legal order. One of them is the regulation of the conditions of concluding reservation agreements. So far, there has been no detailed regulation of the rules and manner of concluding them, despite the increasing popularity of reservation agreements in the real estate market. However, now – with the legislation coming into force – this will change.
What else will change with the New Development Act? A lot of obligations await developers. The changes concern, among others, concretized formalities during sale and purchase and the Developer Guarantee Fund. What will the acceptance of an apartment look like if there is a defect? What should a reservation agreement look like according to the New Law? And how will the changes affect the real estate development market? You can read about it in the article The New Development Act. What’s changing for apartment buyers, written for “Forbes” by our real estate law expert, Marcelina Fąfara. You can read part of the article by clicking on the link. We encourage you to read it!
Marcelina has been working in the real estate department for many years, specializing in complex services for development and commercial investments as well as consulting on the real estate market. In her extensive experience, she has taken part in handling the sale of countless developer apartments. Anyone interested in the changes and the impact of the Act on the real estate services company is invited to contact us! We will help you go through all the legal risks, constantly checking the emerging regulations in this area.
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