ILN: BUYING AND SELLING REAL ESTATE - AN INTERNATIONAL GUIDE

[BUYING AND SELLING REAL ESTATE IN HUNGARY]

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6.3 Legal fees If both parties are represented by their own legal advisors, usually both parties bear their own advisor’s fees. Since in case of the sale of a real estate, legal representation before the Land Registry is mandatory (meaning that it should be a lawyer who submits the documents to the Land Registry), in most of the cases it is the buyer’s lawyer who proceeds in that respect. 7. Our firm Jalsovszky is one of Budapest’s fastest growing and most innovative law firms. The key to our success is a business - focused approach paired with logical thinking. Clients appreciate that we are never afraid to voice our opinion even in critical situations. We regard ourselves as a boutique law firm. No matter how experienced our associates are, we cannot be fully conversant in every area of the law, even in the field of commercial law. But when it comes to what we specialise in, we consider ourselves to be among the best. Whether with regard to our clients or our staff, it is a human - oriented thinking that defines us. It is important for us to build personal relationships with our clients. We believe a personal relationship does not get in the way of providing a high - quality professional service – on the contrary, it makes the co - operation even more effective. We aim, further, to provide our colleagues with a friendly and supportive environment in which they can find fulfilment and motivation. Our firm’s market - leading role and the exceptional quality of our legal team is acknowledged year in, year out by numerous international rating agencies (including the

publications Legal500, Chambers and Partners, IFLR and International Tax Review).

ILN Real Estate Group – Buying and Selling Real Estate Series

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