Best Mortgage Lawyers in Albania

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Andoni Law & Tax

Andoni Law & Tax

1 hour Free Consultation
Tirana, Albania

Founded in 2019
6 people in their team
English
Italian
Albanian
About Andoni Law + TaxWelcome and thank you for exploring Andoni Law + Tax. We invite you to connect with our firm, where your aspirations and challenges become our focus.At the heart of Andoni Law + Tax lies our profound industry expertise paired with top-tier legal acumen, positioning us to craft...
Halimi Law & Tax
Tirana, Albania

Founded in 2001
50 people in their team
Albanian
English
Eduard HALIMIMr. Eduard HALIMI, Founder and manager of the company. He has served as "Minister of Justice and Deputy Minister"  (2005-2013). " General Attorney of the State" , member of the Parliament and "Vice-Chairman of the Laws and Justice Reform Commission". External lecturer at the...
Optima Legal & Financial
Tirana, Albania

Founded in 2008
50 people in their team
Albanian
English
Optima Legal & Financial (Optima) is among the leading commercial law firms in Albania, providing a broad range of legal services with a distinct focus on business law and energy. Located in central Tirana, the firm delivers advisement to national and international clients in both private and...
Alimadhi Law
Tirana, Albania

Founded in 2000
50 people in their team
Albanian
English
The firm assists natural persons, private or public bodies in the drafting of the documentation including but not limited to requests, contracts, agreements, complaints, appeals and any other legal act in accordance with their requirements.The firm assists natural persons, private or public bodies...
Hoxha Law Firm
Tirana, Albania

Founded in 2000
50 people in their team
Albanian
English
WHO WE ARE?Hoxha Law Firm operates through a group of specialists in various areas of expertise, ready to assist by providing advice, expertise and representation in resolving your cases and protecting your interests. Hoxha Law Firm is located at the city of Tirana, and operates all over territory...
CC Law
Tirana, Albania

Founded in 2006
10 people in their team
Albanian
English
CC LAW is an Albanian legal firm that offers legal services aimed at best serving the interests of our clients concerning efficiency, timeliness, quality, and price. Our expertise spans various Albanian legal practice areas, including Corporate & Commercial, Civil Law, Administrative Law, and...
SettingLaw
Tirana, Albania

Founded in 2000
50 people in their team
Albanian
English
SettingLaw aspires to be the foremost innovative law firm by building long-term relationships with clients based on reciprocity, trust and highest standards of professional ethics. By adopting new models for the delivery of legal services, we strive to redefine the role that a law firm plays in an...
Kreston Albania
Tirana, Albania

Founded in 2014
50 people in their team
Albanian
English
Kreston AlbaniaKreston Albania is a business consulting services provider with careers available in Financial Services,including Accounting, Tax and Auditing Services, Employee Management Services, including Benefits & Insurance, and a wide range of other consulting services. Kreston, with a...
Fiduciary Lawyers
Tirana, Albania

Founded in 1999
50 people in their team
Albanian
English
HISTORYFiduciary Lawyers has started its professional activity in Albania in 1999 as a law firm during the political transition period in Albania and has maintained this practice for more than 20 years. Since then, Fiduciary Lawyers has supported and continues to support various local and...
Frost & Fire Consulting
Tirana, Albania

Founded in 2013
10 people in their team
About usFrost & Fire Consulting was created with one goal in mind: providing unmatched legal and business consulting services to clients operating in the Albanian and greater regional market.We pride ourselves not only in having deep insight into the existing issues and intricacies of the local...
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About Mortgage Law in Albania

Mortgage law in Albania governs the rights and obligations of parties involved in mortgage agreements, which allows individuals to secure a loan using their property as collateral. This legal framework provides protection for both borrowers and lenders in the event of default.

Why You May Need a Lawyer

You may need a lawyer specializing in mortgage law in Albania for various reasons, such as negotiating favorable terms, reviewing contracts, resolving disputes, or addressing legal issues related to foreclosure. A lawyer can provide guidance and representation to ensure your rights are protected throughout the process.

Local Laws Overview

In Albania, mortgage laws are primarily governed by the Law on Mortgages and the Civil Code. These laws establish the procedures for creating and enforcing mortgage agreements, as well as the rights and obligations of parties involved. It is essential to understand these laws and seek legal advice to navigate the complexities of mortgage transactions in Albania.

Frequently Asked Questions

1. What is a mortgage?

A mortgage is a legal agreement in which a borrower pledges property as security for a loan. If the borrower fails to repay the loan, the lender has the right to take possession of the property through a legal process known as foreclosure.

2. How does the mortgage process work in Albania?

In Albania, the mortgage process involves creating a mortgage agreement between the borrower and lender, registering the mortgage with the competent authorities, and enforcing the agreement in case of default.

3. What are the rights and obligations of parties in a mortgage agreement?

The borrower has the right to use the property as collateral for the loan, while the lender has the right to foreclose on the property in case of default. Both parties are obligated to fulfill their respective obligations as defined in the mortgage agreement.

4. What are the consequences of defaulting on a mortgage in Albania?

If a borrower defaults on a mortgage in Albania, the lender has the right to initiate foreclosure proceedings to take possession of the property and recover the outstanding loan amount. It is crucial to seek legal advice to understand your rights and options in such situations.

5. How can a lawyer help with mortgage transactions in Albania?

A lawyer specializing in mortgage law in Albania can assist with negotiating favorable terms, reviewing contracts, resolving disputes, and ensuring compliance with legal requirements throughout the mortgage process. They can provide valuable guidance and representation to protect your interests.

6. What are the key provisions of the Law on Mortgages in Albania?

The Law on Mortgages in Albania regulates the creation, registration, and enforcement of mortgage agreements, as well as the rights and obligations of parties involved. It is essential to familiarize yourself with these provisions and seek legal advice to ensure compliance.

7. How can I register a mortgage in Albania?

To register a mortgage in Albania, you must submit the necessary documentation to the competent authorities, such as the immovable property register. It is advisable to seek legal assistance to ensure the registration process is completed accurately and in compliance with legal requirements.

8. What are the alternatives to traditional mortgages in Albania?

In addition to traditional mortgages, alternatives such as lease agreements, installment sales, and cooperative housing agreements are available in Albania. It is essential to understand the differences between these options and seek legal advice to determine the most suitable option for your situation.

9. How can I resolve disputes related to mortgages in Albania?

If you encounter disputes related to mortgages in Albania, you may seek resolution through negotiation, mediation, or legal proceedings. A lawyer specializing in mortgage law can provide guidance on the most appropriate course of action based on your specific circumstances.

10. What should I consider before entering into a mortgage agreement in Albania?

Before entering into a mortgage agreement in Albania, you should carefully review the terms and conditions, seek legal advice to ensure you understand your rights and obligations, and consider the potential risks and consequences of default. It is essential to make informed decisions to protect your interests.

Additional Resources

For more information on mortgage law in Albania, you may refer to the National Bank of Albania, the Ministry of Finance and Economy, or consult with legal practitioners specializing in mortgage law.

Next Steps

If you require legal assistance in mortgage transactions in Albania, consider seeking advice from a qualified lawyer specializing in mortgage law. They can provide valuable insights and representation to ensure your rights are protected throughout the process.

Lawzana helps you find the best lawyers and law firms in Albania through a curated and pre-screened list of qualified legal professionals. Our platform offers rankings and detailed profiles of attorneys and law firms, allowing you to compare based on practice areas, including Mortgage, experience, and client feedback. Each profile includes a description of the firm's areas of practice, client reviews, team members and partners, year of establishment, spoken languages, office locations, contact information, social media presence, and any published articles or resources. Most firms on our platform speak English and are experienced in both local and international legal matters. Get a quote from top-rated law firms in Albania - quickly, securely, and without unnecessary hassle.

Disclaimer:
The information provided on this page is for general informational purposes only and does not constitute legal advice. While we strive to ensure the accuracy and relevance of the content, legal information may change over time, and interpretations of the law can vary. You should always consult with a qualified legal professional for advice specific to your situation. We disclaim all liability for actions taken or not taken based on the content of this page. If you believe any information is incorrect or outdated, please contact us, and we will review and update it where appropriate.