Category: Hungarian Law
What can we do if the value of our property decreases due to the construction of a neighbor?
It occurs from time to time that the newly constructed building causes in some way disturbance, a nuisance to those living in the neighbourhood. For instance, when the newly constructed building takes the view from the neighbouring building. In such a case the constructors usually refer to the regularity of the construction. However, it shall not exempt them from all liability.
Olvasson tovább
Could the party in breach of its contractual obligation be exempted from indemnification?
A contractual party breaching its obligations undertaken in the contract may face various consequences. One of the consequences is that the damage caused by the breach of contract shall be compensated. In which case the concerned party may be exempted from the liability for damages?
Olvasson tovább