A long and difficult birth
LawThe polish residenial sector will never be the same again. On april 29Th 2012, The market will enter into a new era of legal protection for home buyers with the implementation of the act often referred to as the "developers' act", as it governs the relationship between developers and buyers. The story could easily be the topic for a book about the history of polish legislation
The first draft of this kind of regulation in Poland was already prepared ten years ago by a team made up of myself and Professor Fryderyk Zoll of the Polish-German Centre of Banking Law at the Jagiellonian University in Kraków. Since 2003, further drafts have been prepared by the Foundation of Mortgage Credit. One by one, parliament wasted its opportunities and never got past the stage of inter-ministerial consultation. It was felt that there was no need to introduce such regulations as the market would regulate itself.Decades ago a number of countries in Western Europe already understood the problem and introduced the legal regulations necessary to help minimise the risk for the purchaser of losing money. In 1954 France was the first to introduce such protective regulations. In the 70s the legal situation of the developer-customer relationship was regulated in Belgium and Germany, then in Austria, Spain and Luxembourg. There are various types of protection, such as acquisition of ow
Already have an account? Log in
88% of content remaining
Unlock full access to the edition
PLN
EUR
EurobuildCEE magazine
Access to EurobuildCEE edition online & flipbook
Current edition
Annual subscription
You save 23% when paying annually
Monthly on one device. Annual payment
Monthly on one device. Monthly payment
Choose
Access includes
- Access to EurobuildCEE magazine edition online & flipbook version
Most popular
EurobuildCEE magazine & online subscription
Access to all EurobuildCEE materials
Monthly
Annually
You save 17% when paying annually
Monthly on one device. Annual payment
Monthly on one device. Monthly payment
Choose
Access includes
- Access to EurobuildCEE magazine edition online & flipbook version
- Exclusive news, comments, articles and interviews with the most important market representatives and experts
- Archive containing data and information from the commercial real estate and construction market in Poland and the CEE region, collected over 27 years;
- Eurojobs
- Eurobuild FM
