The members of the Legal Committee of the Chamber of Deputies approved, yesterday, the reduction of the advance required when signing the sale-purchase promise for a property, from 15% to 5%, in an effort to better protect consumers. The decision comes in the context of the debates on the "Nordis" bill, initiated in response to the major scandal that rocked the Romanian real estate market. The new form of the legislative initiative stipulates that, in addition to the 5% advance paid for the

Tag-uri: Real Estate