How not to get lost in the legal maze

Those planning to invest in the redevelopment of historic properties or in shopping centre projects  are still at risk due to the ambiguities of current  legal regulationsIt often happens that an investor or developer is interested in purchasing a run-down or even a ruined property, hoping for a commercial opportunity following its restoration. However, practice shows that investment in historic buildings requires special attention to the analysis of the legal aspects of the investment – and its implementation is not easy because the law in this matter is particularly vague and imprecise.Between fiction and realityThe Act of July 23rd 2003 on the Protection and Maintenance of Historic Monuments at some length defines what is and what is not a historic site. According to the act, monuments are real or movable property, their parts or assemblies are man-made or made in connection with human activity and which constitute a testimony of past times or events. Particular emphasis is