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Purchase contract

In a contract of sale, the seller transfers ownership of the property and the buyer must pay the consideration (purchase price). This may be a thing that does not yet exist and that the seller has yet to produce in the future. In practice, the problem arises of distinguishing a contract of sale from a contract for work.

Promissory note: Why is it one of the most practical legal documents?

13. November 2024

7 minutes of reading

Other legal issues

A promissory note is one of the most common and practical legal documents used in financial transactions between private individuals or companies. With a promissory note, the debtor de facto acknowledges his debt in writing and undertakes to repay it within an agreed period of time. What do you need to know about promissory notes?

Repayment plan: we know how to apply for it and other useful information

26. October 2024

8 minutes of reading

Other legal issues

A repayment plan is a useful tool for those who find themselves unable to pay their debts in one lump sum - whether they are owed to financial institutions, suppliers or even the state. With a repayment plan, the individual gets the opportunity to spread the payment over manageable instalments. In this article, we will look at how to apply for a repayment plan, how the process works and what it all involves.

Debtor default: what if you don’t meet your obligation within the time limit?

24. October 2024

7 minutes of reading

Other legal issues

Default is a situation where the debtor fails to meet his or her obligation within a specified period of time. Let's look at the concept of debtor default from a legal perspective and see what consequences and obligations it entails not only for the debtor but also for the creditor. We will also tell you how interest on default is calculated or what both parties can do to deal effectively with a situation where default occurs.

Priority claim or who has priority right to your money when you owe

4. October 2024

7 minutes of reading

Other legal issues

If you borrow money from someone and draw up a contract to that effect, or enter into such a contract through another legal or commercial relationship, you become a debtor with an obligation to repay the creditor. Claims can take many forms, but we will focus today on preferential claims.

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What is a claim and what are its types?

3. October 2024

7 minutes of reading

Other legal issues

In this article, we will look in detail at what a claim is, how it arises, what types of claims there are, and what legal steps you and your attorney can take if a claim is not paid. We will also look at the practical aspects of claims such as recovery, security or assignment.

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What should be included in a property purchase contract

24. November 2023

7 minutes of reading

HOA and housing cooperatives

It is not for nothing that it is said that what is written is given.In law this is doubly true. Whether you are buying or selling a property, everything that is essential should be written in the contract. In this article we bring you the main points that must not be missing from the purchase contract.

What should be included in a contract of sale of movable property

10. October 2023

6 minutes of reading

Other legal issues

We conclude a purchase contract almost every day. However, if it is not a routine matter, e.g. when selling a car or other more valuable items, then it is advisable to conclude the purchase contract in writing and clearly agree all the terms and conditions in advance.

Smlouva o převodu auta a nejčastější chyby, se kterými se v ní setkáváme

Car purchase contract and the most common mistakes we encounter in it

15. April 2023

10 minutes of reading

Other legal issues

We often encounter the opinion that a car purchase contract is such a trivial matter that it does not even need review by a lawyer. But what should you look out for in it, so that all you have to think about is where you are going in your new car and not the skeletons in the closet? We'll look at that in our article.

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Real estate purchase contract: terms and conditions

29. November 2019

2 minutes of reading

Real Estate

The preparation of the purchase agreement entails several pitfalls that can jeopardize or at least slow down the entire transfer. In this series on the purchase agreement, we will try to unmask these pitfalls and give guidance on how to avoid them.

What pitfalls can a property purchase agreement bring?

13. July 2019

4 minutes of reading

Real Estate

In our law practice we encounter not only common but also absolutely bizarre problems that may arise during the transfer of flats or family houses.

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Article topics:

Self-employed person

Termination of employment

Employment contract

Purchase contract

Agreement to perform work

Commercial Register

Identification number

Termination by agreement

Contractual penalty

Working time account

Land Registry Office

Court of Registration

Homeowners Association (HOA)

Incapacity for work

Agreement on termination of employment

Immediate termination of employment

Chairman of HOA

Legal irregularities

Apartment lease

Housing cooperative

Cooperative share

Cooperative apartment

Security deposit

Work discipline

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