Romania: Insolvency/Bankruptcy

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Romania’s Nordis Law: A New Era Of Buyer Protection In Residential Real Estate
Romania's new residential real estate law introduces mandatory notarial registration, dedicated escrow accounts, and milestone-based payment schedules following high-profile developer insolvencies. The reforms fundamentally restructure how advance payments are protected and how sale promises must be documented, bringing Romanian practices closer to established European standards.
Romania Real Estate
GGI Global Alliance
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