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The new Real Estate Registration Act that came into effect in January restructured the system for registering properties purchased in installments or subject to conditions, and introduced the so-called buyer's right. However, since January, there has been considerable debate regarding whether the buyer's right can be registered on properties involved in bank financing (and therefore under alienation and encumbrance prohibition). A recently enacted amendment to the law, however, resolves this issue.

Hungary’s real estate sector remains strong despite regulatory changes and delays in digital systems, according to Ban, S. Szabo, Rausch & Partners Partner David Kiss. Industrial projects and planned infrastructure around the nationalized airport may boost the economy, though growth is uncertain amid frozen EU funds.

In Hungary, foreign currency-based loan contracts became popular in 2006, as they were available at significantly lower interest rates than their forint-based counterparts. However, during the 2008 financial crisis in Hungary, debtors who had previously signed a foreign currency loan contract (most typical case was the Swiss franc loan), found themselves in an extremely difficult situation, due to exchange rate fluctuations and the crisis. Many families' repayments have tripled, leading to mass foreclosures.

As of 2025, the Hungarian Tax Authority (NAV) has established specialized transfer pricing expert departments, indicating an increased focus and scrutiny on transactions between affiliated companies. The three new departments are located in Budapest and in the eastern and western parts of Hungary (one in each region) and have special competence regarding the complex transaction between affiliated parties within Hungary or cross-border alike.

Big law firms can coast on boring slogans. They’ve got the clout, the infrastructure, and the impressive list of past clients to do the talking. But if you’re a smaller firm and your website sounds like everyone else’s, you are disappearing into the beige background of legal marketing noise.

Hungary has taken major strides towards modernising its framework for non-performing loans (NPLs) with the introduction of Act XII of 2025 on servicers of non-performing credit agreements and purchasers of non-performing credit agreements. The new legislation, which will come into force on 16 May 2025, implements the EU's Directive 2021/2167 into Hungarian law, thereby establishing a comprehensive system for the transfer, management and servicing of NPLs. These reforms are poised to transform the Hungarian NPL market, creating new opportunities and responsibilities for both domestic and international investors.

As part of its latest promotions round, Dentons has elevated Karolina Cotronei, Ali Can Goren, Baris Yuksel, and Kamran Pirani to Partner.

Kinstellar and Greenberg Traurig have advised CCC on its recent PLN 3.66 billion (approximately EUR 850 million) financing increase provided by a consortium including mBank, the EBRD, Bank Pekao, BNP Paribas Bank Polska, PKO Bank Polski, Santander Bank Polska, and Bank Handlowy w Warszawie, alongside Santander Factoring, mFaktoring, PKO Faktoring, and BNP Paribas Faktoring. Clifford Chance and Lakatos, Koves and Partners advised the banks.

The European Accessibility Act (EAA), approved in 2019, takes effect on June 28, 2025. The Act requires a wide range of products and services – such as consumer electronics, vending machines, websites, and mobile apps – to meet accessibility standards for people with disabilities.

Hungary Knowledge Partner

DLA Piper is a global law firm with lawyers located in more than 40 countries throughout the Americas, Europe, the Middle East, Africa, and Asia Pacific. This positions us to help clients with their legal needs around the world.

With more than 60 lawyers, including 14 partners, and a staff of over 140, DLA Piper Hungary is one of the largest international law firms operating in Hungary. What makes us stand out is that we offer not only legal services but also tax and business advisory support in a fully integrated manner. We maximize synergies between legal, tax, and business advisory services to offer a unique service for our clients, particularly in regulated industries such as energy, infrastructure, life sciences, banking, and telecommunications.

We are a true full-service firm, providing our private and public sector clients with advice on all aspects of their business. This includes transaction-related advice, people and employment, commercial dealings, litigation, information technology, media and communications, intellectual property, insurance, tax, real estate, and restructuring plans.

DLA Piper Hungary has received numerous professional awards and is consistently ranked among the top law firms in Hungary by international rankings. We are ranked #1 by Mergermarket among the law firms active in Hungary based on the volume of M&A deals handled between 2005 and 2024.

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