News
Trusts as a modern instrument of asset management and protection
Trusts as a modern instrument of asset management and protection Trusts are today not only a tool for managing large estates or corporate structures, but also a practical solution for a wide range of family and personal situations. They are used, for example, to...
Hidden Defects in Real Estate and the Deadline for Notification: How Quickly Must You Act?
Hidden Defects in Real Estate and the Deadline for Notification: How Quickly Must You Act? Hidden defects are a common issue faced by new homeowners or apartment owners. A leaking roof or improperly laid flooring can become apparent only over time—often when it is too...
LAST WILL AND TESTAMENT – MAKE ARRANGEMENTS FOR THE DISTRIBUTION OF YOUR PROPERTY TO SUIT YOUR WISHES
LAST WILL AND TESTAMENT – MAKE ARRANGEMENTS FOR THE DISTRIBUTION OF YOUR PROPERTY TO SUIT YOUR WISHESFamily relationships are not necessarily ideal. No doubt many of you have encountered conflicts and discord in family relationships in your own neighborhood or even...
We do think about a will, but why appoint an administrator of an estate?
We do think about a will, but why appoint an administrator of an estate? Can the value of your estate drop just because the inheritance proceedings take a year or even longer? Will your business be crippled by that time? How will it affect your family if accounts are...
Protection of the “abandoned” spouse’s home and household
Protection of the “abandoned” spouse’s home and household Has the husband (or wife) decided to leave the common home, packed their bags and disappeared into the sunset, heading off into a seemingly bright future in a new haven? Why not, only they should know that it...
Latent defects of real properties and potential liability of real estate agents
Latent defects of real properties and potential liability of real estate agents In our two articles on latent defects, i.e. Liability for latent defects of real properties and claiming them and Limitation of (exemption from) the seller's liability for latent defects...
Obligation for Employers to Introduce a Whistleblowing System
Obligation for Employers to Introduce a Whistleblowing System The Czech Republic has an obligation to transpose Directive (EU) 2019/1937 of the European Parliament and of the Council of 23 October 2019 on the protection of persons who report breaches of Union...
Limitation of (exemption from) the seller’s liability for latent defects of a real property being sold
Limitation of (exemption from) the seller’s liability for latent defects of a real property being sold In one of our previous articles (Liability and claims for latent defects of real properties and complaints concerning latent defects), we have presented the issues...
When making business contracts, you need to be extra careful about these things
When making business contracts, you need to be extra careful about these things Do you negotiate with your business partners about making contracts in person?Is it customary for you to make contracts at such face-to-face negotiations verbally or even implicitly, such...
Amendment to the Notarial Code – digitizing notarial activities, forming companies online
Amendment to the Notarial Code – digitizing notarial activities, forming companies online As you have certainly noticed, as of 1 September 2021, Act No. 300/2021 Coll., amending Act No. 358/1992, on notaries and their activities (Notarial Code), as amended, and Act...