On 20 July 2013, a significant amendment to Law no. 7/1996 regarding Cadastre and Real Estate Publicity came into effect. As a result, the change in law enacted in late April 2013 concerning the authenticated form requirement for executing promissory sale purchase agreements referring to the ownership right or any other right in rem (in Romanian “drept real”) over immovable properties has been repealed.
Please note that this information note does not purport to be and should not be construed as legal advice. Professional advice should therefore be sought before any action is undertaken in relation to the matters set out in this information note.