New act affects withdrawal rights on real estate agreements

Immobilien & Baurecht

ILO Newsletter, 08. August 2014

Parliament recently passed a bill to implement the EU Consumer Rights Directive (2011/83/EC). The act affects consumers´ rights to withdraw from certain contracts concluded outside the trader´s ordinary place of business and those concluded using distance communication. This update focuses on the effect of the act on real estate-related agreements.


Martin

Dr. Martin Foerster

LL.M. (LONDON) Partner
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