Print Imagine signing a long-term contract for the supply of building materials. Within a year, the price of steel rises by 40%. The seller must still deliver at the original price, while the buyer enjoys a bargain. Or the opposite – prices fall and the buyer pays unnecessarily more.That’s exactly why the price clause exists […]
Price Clause in a Purchase Agreement – What It Is and How It Works Read More »
Print Imagine buying new furniture, the seller ships it via courier – and it gets damaged in transit. Who bears the loss? The buyer, or the seller? And what if the buyer has already paid, but hasn’t taken delivery yet, and the warehouse burns down in the meantime?These questions are among the most frequent disputes
Risk of Damage in Purchase Agreements – When Does It Pass to the Buyer? Read More »
Print A purchase agreement is not only about the price and the subject of purchase. Many clients think that “extra clauses” are unnecessary. But in reality, ancillary provisions often determine whether the transaction is safe or ends in a dispute.For example, one client thought that a retention of title would protect him when buying a
Print Buying your dream home only to discover damp walls, faulty wiring, or a leaking roof is every buyer’s nightmare. In my practice, I often see disputes over hidden defects in real estate, which can destroy the joy of a new home and drain savings. The law does grant buyers certain rights, but without proper
The Risk of Hidden Defects in Real Estate – How to Protect Buyers and Sellers Read More »
Print Buying a house or apartment is one of the most important life decisions. But the joy of new housing can quickly turn into shock – when the land register rejects the filing, a duplicate entry appears, or the seller sells the same property to someone else. I have dealt with such cases many times
How to Avoid Disputes Over Real Estate Ownership Transfer – Lawyer’s Tips Read More »
Print For most people, buying a car is one of the biggest investments right after housing. The deal often happens quickly – agree on the price, shake hands, and the keys are in your pocket. But here lies a crucial problem: without a written purchase agreement, the car cannot be re-registered in the vehicle register.In
Car Purchase Agreement – Why an Oral Deal Is Not Enough Read More »
Print Imagine buying expensive electronics from a friend, or even a car. You agree on the price, shake hands – and the deal is done. Simple, fast, no paperwork. But in this simplicity lies a trap: oral purchase agreements are valid in many cases, but proving their content can be a nightmare.As a lawyer, I
Oral Purchase Agreements – When They’re Valid and Why They’re Risky Read More »
Print We sign purchase agreements every day – from buying electronics to transferring million-crown real estate. And precisely because we take them for granted, we make the most mistakes with them. In practice, I see the same issues repeatedly: incorrectly described properties, vague prices, unclear warranty provisions. These “small details” often cost clients years of
Common Mistakes When Signing Purchase Agreements – What to Watch Out For Read More »
Print A purchase agreement doesn’t have to be limited to “who, what, and for how much.” In practice, I often see that parties want to set up their transaction more flexibly and securely. That’s exactly what ancillary provisions are for. They allow you to protect your money, gain time to test the item, or even
Print Imagine buying new furniture. The seller packs it carefully, you pay – and on the way, the delivery truck crashes. The furniture is destroyed. Or you purchase an antique that breaks during transport. Who bears the loss? The seller who handed it over to the carrier, or the buyer who hasn’t received it yet?In
Risk of Damage and Its Transfer – Who Bears the Risk During Transport or Delivery Read More »
