Kategorie: Reality
Price Reduction for Defective Real Estate in Recent Supreme Court of the Czech Republic Case Law
A reduction in the purchase price is one of the most frequently invoked remedies for defective performance. However, the Civil Code does not expressly prescribe how its amount is to be calculated (apart from the special rule governing consumer sales under Section 2171 of the Civil Code). The answer has therefore progressively been developed through …
Read moreEviction of Property on the Basis of a Notarial Deed with Consent to Direct Enforceability – the Key to Quick and Easy Vacating of Premises by the Tenant?
By its Resolution of the Grand Panel of the Supreme Court of the Czech Republic dated 10 April 2024, Ref. No. 31 Cdo 225/2024-543 (the “Resolution”), the Supreme Court departed from its earlier strict case law[1] and restored legal certainty and, at least among part of the professional public, the desired state of affairs regarding …
Read moreCompensation for Lost Rent in the Event of Early Termination of a Lease Agreement for Non-Residential Premises
The early termination of a lease agreement for non-residential premises represents in practice a situation that may significantly disrupt the economic stability of the landlord. Rent is usually one of the principal sources of income on which the landlord relies when financing operations, maintenance, repayment of investments or planning further business activities. Lease relationships are typically conceived …
Read moreRenting an apartment or house for residential purposes from the landlord’s perspective: what to watch out for: termination of the lease and vacating the property – how to proceed and what to avoid – Part 4.
In the first three articles of this mini-series, we focused on the suitability of a property for long-term and short-term lease, on practical issues and landlord’s limitations when negotiating a lease agreement, on matters connected with services and their billing, as well as the matters of liability of the parties within the lease relationship. In …
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