000 01209cab a22002055a 4500
001 L138625
008 070627s2007 xxk f 000 0 eng d
035 _a(Sirsi) u138625
041 0 _aeng
100 1 _aPintea, Alex
245 0 0 _aRomanian pickings
260 _c2007
490 _aSolicitors' Journal Property Supplement
_vJune 2007, 30-32(2)
520 _aDescribes how non-Romanians can invest in the Romanian property market. Non-residents do not have the right to own land, a situation set to continue until 2014. There are some exceptions to this rule. Foreign investors can also form a Romanian company to obtain the land. Mortgages are now available to non-residents. Most Romanian apartments are managed and maintained by an association of residents. Foreign buyers should beware being quoted inflated prices or verbal agreements which are then withdrawn. Working through a reputable agent with a presence in Romania and English-speaking staff will help to avoid many of the potential problems.
590 _aKA
651 4 _aEurope
690 _aPROPERTY-COMMERCIAL PROPERTY-COMMERCIAL PROPERTY MARKET
690 _aPROPERTY-RESIDENTIAL PROPERTY-RESIDENTIAL PROPERTY MARKET
942 _n0
999 _c78932
_d78932