Closing CROBECO Conference

With support from the European Commission, ELRA has carried out a pioneering European project in order to facilitate purchase of foreign property. Netherlands, Spain, England and Portugal are participating. The project is called CROBECO (cross border electronic conveancing) and describes a simple confidence-building method for purchase foreign real estate.

The usual Act is drawn up in language of the foreign buyer with an applicability of his home country law to the obligations of the seller. The Act was submitted to the Dutch Land Register in the usual manner. The aim of this approach is, except for the reduction of bureaucracy, that the foreign buyer has more confidence in protection of his rights and for that earlier will decide to buy property in countries, such as Spain and Portugal where, partly because of a collapsed housing market economic problems have arisen.

 On 31st May, the CROBECO project will be concluded with a meeting in the Scotland House, Rond-Point Schumann, 6 (8th floor), in Brussels.

 

CROBECO Agenda

 

 

You can Register for the Conferece by filling out this simple form:  Deadline for registration Friday 18th May

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