Construction/Finishing Agreement Penalty Clauses
In my capacity as both an architect and a lawyer, I regularly engage with individuals who seek advice regarding agreements they’ve made with contractors. Despite the terms specified in the contract, individuals could encounter scenarios where the work fails to meet the required standards and specifications, or it remains incomplete, and in some instances, hasn’t […]
The capitalization of rents
A colleague of mine recently sent me a WhatsApp message inquiring about the rationale behind discounting future rents when capitalizing a ground rent. This query stemmed from his task of capitalizing an emphyteusis set to last until 2048. The explanation is quite straightforward, and I find it worth sharing as this question often arises. When […]
Rented Property – Rights and Duties
The examination of the extent of responsibilities placed upon both owners and tenants of rented properties is quite intriguing, particularly in the context of older properties subject to controlled rental values. According to legal principles, upon entering into a tenancy agreement, tenants bear the obligation of maintaining the property, notwithstanding their financial contributions to the […]









