Best Mortgage Lawyers in Bucharest

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Founded in 2024
8 people in their team
English
Romanian
BMA Legal - Bogoiu, Matei & Associates is a full-service mid-sized law firm based in Bucharest, dedicated to providing comprehensive legal services across a wide array of practice areas. With a team of highly skilled attorneys and legal experts, we pride ourselves on delivering tailored...
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Hammond si Asociates

Hammond si Asociates

1 hour Free Consultation
Bucharest, Romania

Founded in 2004
14 people in their team
English
Romanian
Spanish
Hammond & Associates can trace its origins back to 1990 when Nicholas Hammond became the first foreign lawyer to open an office in Romania after January 1990. Hammond,& Associates brings the experience of lawyers from different legal disciplines to provide a full service commercial law...

Founded in 2006
200 people in their team
Romanian
English
Zamfirescu Racoti Vasile & Partners advises businesses, financial institutions, governmental entities and private clients on a large spectrum of matters, providing the guidance they need to compete and grow in today’s business environment and to manage and successfully overcome any potential...
Consortium Legal
Bucharest, Romania

Founded in 2007
10 people in their team
Romanian
English
Our VisionDelivering the right solutionsOur vision is a no-nonsense, project-comes-first approach to legal services. The way we see it is that lawyers are partners, conversing fluently in the language of business, adopting entirely the project for which they provide support.Your ideas keep the...

Founded in 2015
2 people in their team
English
German
French
Podlovschi Vladimir, în prezent avocat titular în cadrul Cabinetului de Avocatură cu același nume este membru al Baroului București.A absolvit Facultatea de Drept din cadrul Universității București. Este, de asemenea, absolvent al Facultății de Psihologie - Universitatea București.În...
Hammond Partnership Law Firm
Bucharest, Romania

Founded in 2004
50 people in their team
Romanian
English
About usHammond and Associates which now carries on business under the name Hammond Partnership has been present on the Romanian legal market since 1990. The Firm has through that time developed into what today is an acknowledged legal firm in Romania which provides comprehensive legal services to...

Founded in 2011
10 people in their team
Romanian
English
Our VisionWE BELIEVE THAT WHAT MATTERS THE MOST IN OUR LINE OF WORK IS ALWAYS HAVING OUR CLIENTS’ BEST INTEREST IN MINDThat is why we always consider all the possible options for every given case and do our best to help our clients make the best decision when deciding what path to follow. We...
Romanian Advocacy

Romanian Advocacy

15 minutes Free Consultation
Bucharest, Romania

Founded in 2011
3 people in their team
English
Romanian
Hebrew (modern)
Tudor is the Founder of Romanian Advocacy, a reputable attorney registered with the Bucharest Bar since 2011,  providing legal consultancy services mainly for entrepreneurs and investors in Romania.Within more than 15 years of solid exposure in high-profile civil litigation,...
DOOR TO ROMANIA S.R.L.

DOOR TO ROMANIA S.R.L.

15 minutes Free Consultation
Bucharest, Romania

Founded in 2023
15 people in their team
English
Romanian
French
Turkish
About UsWelcome to DOOR TO ROMANIA S.R.L., We're proud to be your partner in navigating the complexities of the Romanian legal landscape. While our firm was incorporated in 2023, our roots in the legal field run deeper. Our core team of lawyers began their journey in 2013, bringing with them a...
Atrium Romanian Lawyers

Atrium Romanian Lawyers

30 minutes Free Consultation
Bucharest, Romania

Founded in 2005
10 people in their team
English
Our team of Romanian lawyers can offer  a wide range of  legal services in Romania, E.U.Whether you need legal advice, representation, or assistance in any area of law, we are here to help you.Our Managing Partner, J.D. Simona Rotaru is an experienced and qualified lawyer who has...
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About Mortgage Law in Bucharest, Romania

Mortgage law in Bucharest, Romania refers to the regulations and legal framework surrounding mortgage transactions in the city. A mortgage is a legal agreement where a borrower provides a property as collateral to a lender in exchange for a loan.

Why You May Need a Lawyer

There can be several situations where you may require legal help in mortgage matters in Bucharest. These can include:

  • Assistance with drafting or reviewing mortgage contracts
  • Guidance on mortgage refinancing or restructuring
  • Representation in mortgage disputes or litigation
  • Advice on mortgage-related tax implications

Local Laws Overview

When dealing with mortgage issues in Bucharest, it is important to consider the following key aspects of local laws:

  • In Romania, mortgages are typically formalized in notarial deeds, which require the presence of a notary public.
  • Mortgage contracts must be registered with the National Real Estate Publicity Office to be legally valid.
  • In the case of default, Romanian law allows lenders to foreclose on the mortgaged property and recover their debt.
  • Interest rates and other loan terms may be regulated under Romanian consumer protection laws.

Frequently Asked Questions

1. Can foreign nationals obtain a mortgage in Bucharest?

Yes, foreign nationals can obtain mortgages in Bucharest. However, they may need to meet certain requirements, such as having a valid residency permit and providing proof of income.

2. What is the typical loan-to-value (LTV) ratio for mortgages in Bucharest?

In Bucharest, mortgage lenders typically finance up to 80% of the appraised value of the property. However, the specific LTV ratio may vary depending on individual circumstances and lender policies.

3. Are there any subsidies or grants available for mortgage borrowers in Bucharest?

Currently, there are no specific subsidies or grants available for mortgage borrowers in Bucharest. However, it is advisable to consult with relevant governmental bodies or institutions to stay updated on any changes or programs introduced in the future.

4. What are the costs associated with obtaining a mortgage in Bucharest?

When obtaining a mortgage in Bucharest, borrowers should consider costs such as appraisal fees, notary fees, mortgage registration fees, and potentially mortgage insurance fees. It is recommended to discuss these costs with a lender or legal professional for precise estimations.

5. Can a mortgage contract in Bucharest be renegotiated?

Yes, mortgage contracts in Bucharest can be renegotiated under certain circumstances. Factors such as changes in interest rates, financial difficulties, or the desire to repay the loan earlier may lead to renegotiation. It is advisable to consult with a lawyer to understand the legal implications and requirements for renegotiating a mortgage contract.

Additional Resources

For additional guidance and support with mortgage-related matters in Bucharest, Romania, the following resources may be helpful:

  • National Bank of Romania - www.bnr.ro
  • Ministry of Finance - www.mfinante.gov.ro
  • National Agency for Cadastre and Land Registration - www.ancpi.ro

Next Steps

If you require legal assistance in mortgage matters in Bucharest, Romania, consider taking the following steps:

  • Research and identify reputable law firms or lawyers specializing in mortgage law in Bucharest.
  • Consult with multiple legal professionals to understand their expertise and potential approaches to your specific mortgage situation.
  • Discuss their fee structure and ensure you have a clear understanding of the costs associated with their services.
  • Provide the necessary documentation and information to your chosen lawyer to proceed with your case.
  • Regularly communicate with your lawyer for updates and follow their legal advice throughout the process.
Lawzana helps you find the best lawyers and law firms in Bucharest 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 Bucharest, Romania - 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.