Real Estate

Border US Mexiko

Mexico’s Newly Elected President and his Impact on the Northern Border

By Alejandro Fernando Toulet Lazos, Toulet & Gottfried

Mexico had an election for a new president on 1 July 2018. The undisputed winner was Mr Andrés Manuel López Obrador (‘AMLO’). AMLO is a leftist and populist who has run for, and lost, the presidency the previous two times: once in 2006 and then again in 2012. AMLO formed his own political party, named ‘Movimiento de Regeneración Nacional’ or ‘MORENA’.

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Real Estate

The Housing Market in Berlin

By Matthias Könke, AIOS GmbH

Since the fall of the Berlin Wall in 1989, the city of Berlin and its housing market have witnessed fairly volatile developments. The years until the middle of the 1990s were euphoric, followed by a slump and stagnation until ca. 2010. Since then, prices have gone up again due to low interest rates, money inflow from other countries and the increased attractivity of Berlin in general.

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Real Estate

Salzburg

Procedure for Purchasing Real Property in Austria

By Mario Kapp and Raffaela Lödl, KAPP & STRIMITZER Rechtsanwälte GmbH

As a consequence of the Austrian ‘intabulation principle’ the actual acquisition of a house, a plot or a freehold apartment only takes place upon the registration of the buyer in the Austrian land register. Getting there involves several key legal steps. Therefore legal advice should be obtained, especially in the following areas:

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Real Estate

The Austrian Property Development Contract Act – an Overview

By Raffaela Lödl and Mario Kapp, KAPP & PARTNER

The Austrian Property Development Contract Act (Bauträgervertrags- gesetz: BTVG; dating back to 1977) applies to real estate contracts in which the buyer makes payments of more than EUR 150,00 per square meter of floor space before the completion. The outstanding construction constitutes the main difference to a general pur- chase of an exisiting property. Due to possible risks of those transaction, the Austrian legislator created a special law, which seeks to protect buyers of properties under-construction from the loss of their advanced payments.

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Real Estate

BUYING REAL ESTATE IN THE U.S.

By Shepard A. Federgreen, Gibbons P.C.

Buying real estate in the United States follows a predictable pattern involving multiple steps and multiple professionals. This outline focuses on the common steps which are virtually universal.

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Real Estate

Housebuilding in England

By Lesley Fairclough, Ward Hadaway

Despite the uncertainty as to what effect the UK’s exit from the European Union in 2019 will have, major UK housebuilding companies have had a strong year with increased sales of new homes.

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Real Estate

Skyline Paris

French Wealth Tax on Real Estate modified in 2018

By Alexane Palide, edited by Prof Robert Anthony, Anthony & Cie

A New Year with new resolutions and new rules! January is the time for adopting new ideas and this is especially so in the implementation of amendments to the tax system animated politically by the French government, as mentioned in their election manifesto.

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