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Security over Immovables in Selected Jurisdictions - Security over Immovables in Selected Jurisdictions (Hardcover)
Loot Price: R7,683
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Security over Immovables in Selected Jurisdictions - Security over Immovables in Selected Jurisdictions (Hardcover)
Series: Comparative Law Yearbook Series Set
Expected to ship within 10 - 15 working days
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The 2005 Special Issue of the "Comparative Law Yearbook of
International Business" addresses issues relating to security in
immovables. Each Chapter contains an overview of the security in
immovables laws of a particular country. The laws vary widely among
the countries; the word immovable (or real property in Common Law
jurisdictions) even has different definitions in different
countries. Crossborder transactions involving immovables are
integral to international business dealings. This publication
provides a general overview of the methods by which immovables are
secured in various countries, and each chapter contains details
such as the priority granted creditors and openness of the land
registers. Each chapter contains a country-specific explanation of
the method by which one obtains a mortgage, lien, or similar
security, and an exploration of the possible problems that might
arise during Such a process. In addition, special attention is
given to the obstacles facing non-nationals interested in buying
immovables. The book evidences the varied attitudes at governments
towards the purchase of immovables by non-nationals. In some
countries, such as The Philippines, non-nationals are prohibited
from buying land. Other countries, such as the Slovak Republic,
allow foreign acquisition of nearly any immovable, only forbidding
purchase of items that no private citizen can own, such as the
country's rivers. This publication reflects recent developments in
security in immovables, especially in Eastern Europe. The chapter
on immovables in Ukraine is based on the country's new property
laws, passed in 2004. The chapters on the Czech Republic, the
Slovak Republic and Hungary all reflect the changes brought by
accession to the European Union. The acquisition of property in a
foreign country is an integral facet of international business and
practitioners will find this publication's in-depth instructions
for the purchase of security in immovables useful as it pertains to
individual countries. In addition to showing practitioners how
transactions work for individual countries, readers will be able to
compare diverse legal regimes to find the one most favorable for
their particular business transactions.
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