Italy real-estate update — February 2014: new rules on the payment of purchase prices in real-estate asset deals
Paragraphs 63 through 67 of section 1 of the Law no. 147 of 27 December 2013 (the so-called ‘Stability Law’) introduced certain new provisions applicable to the payment of the purchase price in real-estate transactions. The aforementioned law, in a nutshell, introduces a system that, similarly to what occurs in certain foreign jurisdictions (for example […]