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The legislative project known as the "Nordis Law" marks one of the most substantial regulatory interventions in the field of future real estate sales in recent years, with the stated objective of increasing buyer protection and strengthening the security of civil transactions in the real estate development sector.
In a recent article, Marius Chelaru - Managing Associate - analyses the main legislative changes: the introduction of pre-allocation, the establishment of the mandatory nature of the authentic form for the promise of sale, the express regulation of the reservation contract and the functional limitation of the use of the advance payment.