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Legislation
Hungary
Eastern Europe
Europe

This Act amends Sections 16 and 17 regarding, respectively, rights and facts to be recorded in the real estate register. Section 26 of the Basic Text on the commencement of registration proceedings is also amended. Section 32 of the Basic text regarding the contents of documents valid for the purpose of real estate registration is replaced.

Legislation
Hungary
Eastern Europe
Europe

This Law is composed of 9 chapters, setting out the duties of the State and regulating land surveys and cartographic activities in order to create a framework for such activities and to provide a professional and efficient service. Chapter 5 deals with the carrying out of land surveys. Ownership questions and cartographic activities are regulated in Chapter 7.

Regulations
Hungary
Eastern Europe
Europe

Foreign legal or natural persons may acquire the ownership of real estates, other than arable land or protected natural area, after obtaining the permit of the responsible public administration office of Budapest or the county.