Real Estate: Restitution of properties confiscated by communist regime (means)

Former owners of seized buildings, whose cases were resolved, will receive compensations within five years, in equal installments of at least 5,000 lei, as of January 1, 2014, according to the draft law on measures to complete the process of restitution, in kind or money compensations, of the assets confiscated during the communist regime in Romania.At the same time, the former owners of nationalized buildings, who ...

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