In the Civil Code (hereinafter referred to as the ‘Ptk.’), the provisions of Book Seven on the law of succession prescribe that ‘upon a person’s death, their estate shall pass as a whole to their heir’, and ‘upon the opening of the succession, the heir shall obtain, without acceptance or any other legal act, the estate, the part of the estate or a certain object of the estate granted to them.’

KRS acted as the Hungarian legal advisor in a transaction between the korean Nongyhup Bank and SK Battery Hungary Kft., concerning the conclusion of a loan agreement and in the loan drawdown.

Dear KRS Clients,

KRS acted as the Hungarian legal advisor in a transaction between the korean KDB Bank and SHINHEUNG SEC EU Kft., concerning the conclusion of a loan agreement and in the loan drawdown.

KRS acting as Hungarian legal counsel of SK Battery Hungary Ltd.

Our Firm once again assisted in a real estate development project regarding the acquiring of an industrial property in Győr.

Our Firm assisted a successful tenderer in the process of acquiring real estate property in Hatvan.

Thanks to our attorneys, a consumer protection procedure against one of our insurance brokerage clients was successfully closed.

In the real estate registration process, the ranking of cases submitted to a topographical lot number is determined by the date of receipt of the application submitted to the land registry, also known as the date of registration. Previously, it was a problem when an application for registration of ownership was filed in the case of a mortgaged real property, followed by a request for the cancellation of a mortgage on the real property.