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Access Way or Right of Way
Where there is lack of any legal right to use an access way serving a ...

Breach of Trust Indemnity
Indemnity to trustees where it is intended to distribute funds in a way, which might be considered a breach of ...

Contaminated Land Insurance (pollution legal liability)
Losses due to damage caused by sudden, accidental or gradual pollution emanating from the insured ...

Contaminated Land Insurance (Cleanup Cost Cap)
Losses in excess of the self-insured retention (SIR) level occurring at the scheduled site in respect of additional remedial ...

Creeping / Flying Freehold Indemnity
Where part of a property goes under or over a neighbouring property and losses are suffered due to the inability to enforce repairs to the ...

Improvement grant liability
In Right to Buy cases, if a council tenant has applied to the local authority for an improvement grant and subsequently defaults, the lender may be liable to the local authority to repay the ...

Local Search Indemnity
To protect a purchaser or mortgagee against loss of value due to adverse entries which subsequently materialise in an official search where the official search cannot be obtained before completion ...

Maisonette/Flat Indemnity
Offers protection against the financial consequences should a challenge to a judicial review to be ...

First Title speaks up on restitution issues at Warsaw conference
First Title Insurance plc (First Title), is pleased to announce that it addressed the subject of The Effects of Restitution on the Real Estate Market at an inaugural conference on the subject, organised by Infor-Media Poland and held at Hotel Le Royal Meridian Bristol, Warsaw on October 20 and 21, 2008.

First Title hosts event to launch New York service
First Title Insurance plc (First Title), is delighted to announce an event which will take place on November 18th at The Columbus Citizens Foundation, to celebrate the launch of its tailored Central and Eastern European (CEE) property investment advice service in New York.

First Title acquires stake in Turkey's largest mortgage BPO business
First Title Insurance plc (First Title), is pleased to announce that it has acquired 38 per cent of the stock of FU Gayrimenkul (FU), Turkey's largest mortgage BPO business.

First Title bolsters European expansion with new appointment
First Title Insurance plc (First Title), today announced the appointment of Philip Eilmer to the European business development team.

First Title facilitates Poland's largest office deal of the year
First Title Insurance plc (First Title), announces its facilitation of Danish investor group Baltic Property Trust Optima Fund's (BPT) purchase of three office buildings from Telekomunikacja Polska S.A. (TPSA) - one of the largest communications companies in Europe - in a transaction with an overall market value of nearly 168 million EUR.

First Title and Winmarkt sign title insurance deal
First Title Insurance plc (First Title), is pleased to announce that it provided title insurance to facilitate the purchase of Winmarkt Magazine by the IGD Group - one of the primary players in the Italian retail real estate market - for €182.50 million.

First Title develops ground-breaking approach to facilitate sale of Dawnay Day portfolio
In the United Kingdom, FAF International operates as First Title Insurance plc. Click on the articles enclosed to read more on this innovative deal.

FAF International's French expansion
FAF International are pleased to announce the expansion of their French operation having signed an agreement with Title Protection Europe SARL. This month our insurance facilitated the sale of real estate located in central Paris.

First Title launches European Home Owners' Protection Policy
First Title has launched a new title insurance product for English-speaking homeowners in selected Central and Eastern European(CEE) and South-Eastern European (SEE) countries.

The PROPS 18th annual property awards lunch
Since its inception in 1992, 'PROPS', Variety Club's awards lunch dedicated to the UK's Property Industry, has grown phenomenally. The brainchild of Neil Sinclair and Ronnie Nathan, 'PROPS' has helped to fund 1,500 electric wheelchairs over the last 17 years. It recognises and awards companies and individuals for professional excellence, whilst at the same time runs as one of the UK's biggest and most successful charity fundraising lunches.

Olympic fever to spark title insurance boom
Title insurers are expecting a boom in business in the lead up to the 2012 Olympic Games, as property developers capitalise on the thriving commercial opportunities in London's surrounding East End.

Title Insurance: A risk mitigation tool
Property investment in the Baltic states and Central and Eastern Europe (CEE) has attracted substantial interest from investors and developers, large and small. The ascension of many of these countries into the EU in 2004, with others following suit in 2007, has only served to increase the pool of investors and developers entering these markets. The result has been a property boom across the region, both for commercial and residential real estate.

An overview of key Hungarian cadastre and Land Registry issues
In Hungary, the cadastre and legal registry was integrated in 1971 at a legal and institutional level. Despite the fact that the cadastre developed at a time when modern technology made title documentation easier to update, the system faced challenges due to the vast increase in the number of new parcels created by the land compensation program.

Keeping a weather eye on wind farms
The UK is legally bound to deliver a reduction in greenhouse gas emissions of 80% by 2050 and at least 34% by 2020, compared with 1990 levels. As part of these ambitions, which are enshrined in the Climate Change Act 2008, we also have an obligation to hit an EU target of generating 15% of our energy from renewable sources by 2020.

FAF International explores Brazilian expansion (in Portuguese)
O mercado imobiliário de hoje se tornando cada vez mais globalizado. A conectividade global e a integração dos negócios e da atividade social em escala internacional estão contribuindo para um crescimento surpreendente em operações internacionais e investimento em imóveis. A acquisição de móveis residenciais e comerciais global combinada com hipotecas e o financiamento de capital próprio são forças propulsoras subjacentes ? crescente globalização do “Title Insurance”(seguro de escritura de propiedade imobiliária). No passado disponível apenas nos Estados Unidos, o Title Insurance está se tornando um instrumento financeiro cada vez mais adotado para mitigar os riscos de aquisição de propiedade, financiamento e securitização em termos globais - incluindo o Brasil.

Signed lease agreement not binding
The German Federal Court of Justice (Bundesgerichtshof) ruled on November 4, 2009 that a commercial lease agreement, which was concluded by the parties for a ten-year-period and which was signed on the behalf of the tenant by one of the two board members (Vorstand) of a public limited company (Aktiengesellschaft), did not meet the written form requirements (the signing director had no right to sole representation) and was therefore concluded for an indefinite period of time, i.e. could be terminated by either party on short notice.

U.S. Taxpayers - Take advantage of the benefits of section 1031 on your foreign property
Savvy taxpayers have long used the benefits of IRC Section 1031 to defer capital gains taxes by exchanging real estate located in the United States for other real estate in the United States, even if it is located in another state. Also, property located in the U. S. Virgin Islands, Guam and the Northern Mariana Islands may qualify in the exchange of domestic properties. The fundamental requirement of Section 1031 is that the properties involved in the exchange must be held for investment or in connection with a trade or business.

Mitigating risk at home and abroad
Property investors' love affair with Central and Eastern Europe (CEE) is set to continue for the foreseeable future, despite the fact that the return on investment was significantly higher a couple of years ago. Although prices are steadily rising in countries like Poland and Hungary, the less developed countries in the region, including Romania and Bulgaria, remain exceedingly attractive to investors not least because there is still so much that is not there.

Title Insurance: The new world and the old
Wherever it is used, the term title insurance has the same fundamental meaning: an indemnity against loss caused by the absence of a right to use land. The triggers capable of causing a loss are many and varied and will differ throughout Europe. The term indemnity, also, will mean subtly different things in different jurisdictions. But the underlying purpose of title insurance globally is, thankfully, common - to compensate for a financial loss without the need to prove negligence on anyone's part.

Insurance in property development
Successful property development combines good business judgment and effective management. Identifying and managing risk plays an important part in overall project planning. Developers may face known risks which, if ignored, may force delay, design alteration or even cancellation. They also have to plan for the possible outcome of unknown risks.

Seeing is believing
As the mortgage application process becomes ever more depersonalised, opportunities for fraud are proliferating and lender concerns are growing, says Julian Sinclair.

CEE managing large transactions
Question and Answer with First Title.

Let's be clear
Market transparency varies massively in the former eastern bloc countries. Andrew Jackson of insurer First Title looks at the pitfalls awaiting investors.

Continued risk seen in property acquisitions
Property acquisitions in Central and Eastern Europe (CEE) were always viewed as a risky strategy, when compared to Western Europe. The risk, however, was worth it, and investors were rewarded with higher than projected yields.

FAF International explores Brazilian expansion (in English)
Today’s real estate market is increasingly going global. Global connectivity and the integration of business and social activity on a worldwide scale are contributing to a dramatic rise in international transactions and real estate investment. Cross-border residential and commercial real estate acquisitions along with mortgage and equity financing are the driving forces behind the increasing globalization of title insurance. Historically, title insurance was only available in the United States. International title insurance policies, now becoming increasingly available on a global basis, are now mitigating the risks of real estate investment in virtually all global regions – including Brazil.

Développement de FAF International en France
FAF International est heureux d'annoncer l'expansion de leur opération française, suite à la signature d'un accord avec Title Protection Europe SARL. Au cours du mois de novembre, notre assurance a facilité la vente d'un bâtiment de bureaux situé dans le centre de Paris.

Run for cover - How do you refinance in a collapsing market?
The global crisis we are going through is unique in the severity of the breakdown in relationships and trust between the banks, and the resulting drying up of liquidity. Despite the gloom, there are ways to help companies whose corporate debt is secured by mortgages on their properties.

FAF International gears up German activity
FAF International has joined forces with the recently retired MD & Head of London branch of Westdeutsche Immobilienbank - Klaus Schreiner.

Emerging trends in Canada 2010
The United States could learn from Canada. The conservative, careful approach to managing government and markets pays dividends now for Canadian real estate players. "Canada's problems are like Bud Lite compared to the United States."

A brief history of title insurance
We'll skip the wandering communities foraging the land, William the Conqueror introducing the feudal system, the British colonial deed conveyance system and the Agricultural Revolution. Let's pass on the American colonies of the 1700s, the 1848 Treaty of Guadalupe Hidalgo, and the advent of sectional township and range lines in 1852. We'll also skip over the wild and wooly days of land rushes and frontier settlements. And while we're at it, let's forget about the purchase of the Island of Manhattan in New York State for a handful of glass beads (the deed was lost anyway) and get right to the heart of the matter.

Emerging trends in Latin America 2010
Historically, global recession and financial market tur­moil would hammer weak South American economies dependent on exports and foreign investment. And usually, regional problems were homegrown-often the residue of corruption and financial mismanagement. This time, a world financial crisis reduces property values and rattles markets, but key countries emerge "relatively unscathed," particularly Brazil, the continent's fast-developing economic power. Now, major nations in the region-Chile, Colombia, and Peru-"have their financial houses in order" and show greater resiliency in responding to crisis. "Governments aren't overleveraged-they have significant reserves and strong local currencies."

Planning regime influx in the UK
The new coalition government has been crystal clear in its ambition to deliver a radical shake-up of the planning regime. From here on in, residential and commercial developers are likely to experience a planning regime in flux. Mostly, the issue will be one of knowing how to best manage, or avoid, the increased uncertainty of planning policy and risk to development.

Skipping risks when buying abroad
Two common pieces of advice given to UK investors wishing to buy a home overseas are to engage the services of a local English-speaking lawyer and to ensure one does not sign anything without first taking legal guidance. This is sound advice and should never be ignored, but to what extent can a UK investor rely on the professional standards exercised by a ‘local’ lawyer undertaking the property title investigations?

FAF International seminar in Frankfurt
FAF International will be running a seminar in Frankfurt on Wednesday 03 November on Credit enhancement and competitiveness in challenging markets. This seminar is co-sponsored by REFIRE, CB Equity Partners, Salans LLP and Cushman & Wakefield.

Sexually transmitted debt
Mortgage fraud can occur in a variety of different ways. A recent Court of Appeal decision in New South Wales, Australia, concerns this kind of fraud arising from "sexually transmitted debt" or "STD", which is when a property is jointly owned by husband and wife and one spouse transmits debt to the other without their knowledge by taking out a mortgage over the property.

French 3% Tax issue
In a case where a foreign owner of French real estate might have claimed or benefitted from an exemption of the so-called 3% tax, but documents are missing or the file is incomplete to give watertight proof that such exemption applied, the foreign owner runs a risk of having to pay this tax, or to defend itself against a claim.

A winning slice of Canadian PII
Earlier this year, Gordon Nixon, CEO of Royal Bank of Canada, addressed the British Bankers Association annual conference and talked through the reasons why Canadian banks have weathered the worldwide financial crisis relatively unscathed.

Specialised investment funds in Germany
2007 saw the introduction of German real estate investment trusts (G-REITs). G-REITs have not yet become common. Specialised investment funds (SIFs) which are long-established in the real estate market and have been deregulated further, potentially provide an attractive alternative.

First Title launches the HOPP
The Home Owners' Protection Policy (or HOPP) is an insurance policy that protects and covers a homebuyer and lender against a wide range of risks they may encounter in the course of buying, mortgaging or using a residential property.

The world's top retail locations are on an upward trend again
Two thirds of all worldwide retail sales locations analysed report rising, or at least stable prime rents - Munich's Kaufingerstrasse still in the Top 10 - Zurich's Bahnhofstrasse and Vienna's Kärntnerstrasse hold their own in places 7 and 12.

German investors still see upside potential in UK market
Despite the solid bounce in London com­mercial property values over the last year, cross-border specialist Invesco Real Estate has found that there is still plenty of life and appetite left among German investors for exposure to the UK market.

Real estate capital flows
In the capital markets, the gulf between the haves and have-nots will become more apparent during 2011. The cash rich and well capitalized should feast off the cash poor and overleveraged. Big lenders should capture more market share, while more small banks nosedive into oblivion. If you are a borrower with bad credit, you're fried. If you are a buyer with dry powder, you should have plenty of options.

FAF International German seminar (Salans LLP presentation)
Please click here to read the presentation given by Sebastian Schmid, Lawyer and Counsel at Salans LLP, during our German seminar on Credit enhancement and competitiveness in challenging markets, in Frankfurt on Wednesdasy 03 November 2010.

FAF International German seminar (HSBC presentation)
Please click here to read the presentation given by Mark Berrisford-Smith, Senior Economist in the Business Economics Unit at HSBC, during our German seminar on Credit enhancement and competitiveness in challenging markets, in Frankfurt on Wednesdasy 03 November 2010.

FAF International German seminar (Cushman & Wakefield presentation)
Please click here to read the presentation given by Martin Braun, Head of Capital Markets Group Germany at Cushman & Wakefield, during our German seminar on Credit enhancement and competitiveness in challenging markets, in Frankfurt on Wednesdasy 03 November 2010.

FAF International German seminar (FAF International presentation)
Please click here to read the presentation given by Phillip Oldcorn, Senior Vice-President at FAF International, during our German seminar on Credit enhancement and competitiveness in challenging markets, in Frankfurt on Wednesdasy 03 November 2010.

Building blocks: Restitution issues in CEE
Even before the fall of communism, the fragmented and disparate property law and title structures in the main CEE jurisdictions - Poland, Romania, Slovakia, Bosnia-Herzegovina, Bulgaria, Croatia, Czech Republic, Serbia and Slovenia - was difficult to navigate. Since 1989, the complexity has only been ramped up by the introduction of restitution and compensation measures.

Claims chronicles: Mexico
Land litigation is a frequent occurrence in Mexican courts. Tony Anton, Director of FAF International's Mexican office reviews some examples of disputes affecting real estate owned by foreign investors in Mexico, including an active public sewer going unnoticed.

Turkey - An attractive proposition
For anyone visiting Istanbul, it has been quite interesting to see the amount of construction going on in the city. The same applies to other first tier cities around the country. Topping 18.4% growth in the first three quarters of 2010, there is no doubt that the construction sector is leading the GDP growth, which is estimated to be around 8% for 2010.

Emerging Trends in Latin America 2011
Where the United States has gone boom-bust and Canada offers only modest growth, Latin America's story centers on the enormous potential of two emerging markets, Brazil and Mexico. Together they account for two-thirds of the region's population "and most of its growth dynamics."

Emerging trends in Canada 2011
Canada barely experienced recession and jolted into a V-shaped recovery. Now, 2011 promises slowing, steady growth and decent prospects for real estate investors as long as the U.S. economy does not drag them down.

Germany: Everybody's Darling...
As long as you'd brought a woolly coat with you, and perhaps even a scarf, this was the best MIPIM ever. The overwhelming feeling of this year’s event was the unanimity with which everyone was giving their douze points to the one country, the one market that was Everybody’s Darling… Germany.

Ground rents - Safe as houses!!?
For many mainstream property investors residential ground rents are a largely unknown asset class. However against the backdrop of tough economic and property market conditions over the last few years they have provided the secure income and low risk profile that many property investors strive for.

Title Insurance in Central European Transactions
Most institutional investors, developers and lenders operating in Central Europe have some familiarity with the use of title insurance in connection with real estate acquisition and mortgage-backed financing. However, the extent of their familiarity varies widely. The use of title insurance in Central European transactions is becoming more widespread and should be seriously considered in all transactions in these jurisdictions. (Stewart M. Middleman, Senior Commercial Real Estate Lawyer, Salans LLP)

Sharp rise in number of German portfolio transactions in Q1
A market study just released by property brokers Jones Lang Lasalle shows that about €1.45 billion of residential property portfolios were transacted on the Ger¬man market in the first quarter of 2011. This represents an effective doubling of the volume in the same period last year.

Brazil: Not Just The Samba Anymore
Brazil has been the target of an explosion of investments on the part of international real estate investors, developers and tourism groups - especially from Europe. Besides sound macro-economic fundamentals, last year Brazil had GDP growth of 7.5%. According to Goldman Sachs, Brazil's economic performance in 2010 with a GDP of US$2.2 trillion means it now holds the fifth position in the world economic rating.

FAF International Munich Seminar Thursday 17th November 2011
FAF International Munich Seminar Thursday 17th November 2011 Le Meridien Hotel, Munich at 17:00

The worst happens... Recollect or write off ?
“‘...The lack of money is the root of all evil.’ So said the American writer and satirist Mark Twain, with his characteristic prescience. Almost 3 years have passed and the root of evil is still around and it’s not going anywhere for an indefinite future.

Distressed German Real Estate Debt
The outlook for European commercial property markets is characterised at the moment by decidedly negative sentiment, and the prevailing mood was reinforced by the publication this week of RICS latest Global Distressed Property Monitor, which not surprisingly sees the global supply of distressed property set to rise through to the end of the year.

FAF International visit Munich
Our recent seminar in Munich, "The Case for Credit enhancement in uncertain economic times", was a success and well received by the audience.

FAF International Webinar Series 2012
FAF International are pleased to announce the launch of our webinar series throughout 2012.

Is the Italian Real Estate Market Surviving the Current Crisis?
Antonio Campagnoli from Il Punto Real Estate Advisors analyses the latest survey result from Agenzia del Territorio on real estate transaction volumes throughout Italy.

Deloitte Real Estate Predictions 2012
The Deloitte Real Estate Partners have made their predictions for the property market in 2012.

Cover for French 3% tax risk
Sections 990D to 990G of the French Tax Code detail a tax due, by all French and foreign legal entities that directly or indirectly own real estate situated in France. It is an annual tax equal to 3% of such property’s fair market value on the 1st of January.

FAF International Webinar - Tuesday 21 February 2012
We would be delighted if you could join us for our webinar where we will take a close look into Turkish Real Estate Market and FAF's capabilities in Turkey. Our Turkish Managing Director, Mustafa Özdemir will provide us with a detailed perspective on:

Milan Seminar - Thursday 19th April 2012

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Assurance Taxe 3% Presentation
Assurance Taxe 3% Presentation

Solutions d'assurance innovatrices
Ce document vous présente quelques exemples de risques que nous avons assuré en France et dans le reste de l'Europe.

Navigate Americas South with First American's quality coverage
If your real estate investment projects transcend national borders, it makes business sense to partner with one of the world’s leading providers of risk management solutions for international property titles. When you work with First American, you have access to a team of experts that span the globe, adept in the laws respective to the court of the land and in the unique customs that defi ne the region. So when you’re ready to close on that investment in Mexico, or in more than 35 other countries in the Caribbean, Central America, or South America, contact First American. We speak their language, and yours, for risk management you can trust.

FAF International Presentation

French 3% Tax Presentation

The Case for credit enhancement in uncertain economic times

FT Develops Ground-Breaking Approach to Facilitate Sale of Dawnay Day Portfolio
First Title Insurance plc is pleased to announce that it provided a tailored title insurance policy to facilitate the high-profile purchase of Dawnay Day’s UK portfolio of 221 commercial assets.

Judicial Review
Grand Designs CH4 Wednesday 4th February 2009 'The trials and tribulations of Chris' timber framed mock-watermill'

CEE Newsletter Winter 2008
Welcome to First Title's Business Update- 2nd edition. With challenging times in the industry, we have highlighted examples where the innovative use of complex, tailored title insurance policies from First Title has help investors reach their goals.

Refinancing article and case study
How do you refinance in a collapsing market? Phillip Oldcorn of First Title Insurance explains

CEE Focus Spring 2009
Welcome to First Title's Business Update- 3rd edition. Our Focus this issue is Title insurance- Protection and Security for Lenders. Read below to see how First Title Insurance plc's industry leading title insurance can help your bank.

Professional Advice- Village Greens
This month we focus on Village Greens with particular reference to the successful application that scuppered New Addington plans, as reported in the Croydon Guardian.

Australia: An attractive proposition?
Investing in Australia is an attractive proposition with steadily rising property prices despite the global financial crisis (GFC). However, this has been accompanied by a number of identity fraud schemes operating across Australia soaring. Most recently a $150 million mortgage fraud scam was uncovered.

L'assurance titre: une protection complémentaire et efficace pour vos transactions immobilières
L'assurance titre, outil anglo-saxon encore méconnu en France peut avoir une utilité notamment dans un contexte de marché difficile. Elise Klein Wassink, juriste et courtier en assurances, et Pierre Tallot, avocat associé du cabinet Taylor Wessing, nous en présentent les atouts.

French transaction affected by ongoing litigation
Elise Klein Wassink, specialist broker of Title Protection Europe, reports on a recent case where a title insurance policy issued by FAF International facilitated the sale of an office building in France, which was affected by ongoing litigation.

French title transfer process
Recent experience in France leads Elise Klein Wassink to the conclusion that known risk policies can often be a tool in the French title transfer process.

Syndicated bank facility
FAF International, through its UK operation, First Title Insurance plc was recently approached by a leading European commercial lender that was looking to enter an existing syndicated bank facility in the UK.

Reps & Warranties Insurance - A key tool in risk management and recoveries
Title Insurance is an appalling misnomer for a much more comprehensive protection that can often take off the table complicated technical issues that can cause deals to stutter or even abort, it can speed up transactions and result in better pricing of both assets and mortgage finance.

French case studies
Details of a two deals insured by First Title in France.

Guest publication: Germany gears up to enjoy "favoured-nation" status
REFIRE'S Editor, Charles Kingston looks at the benefits of Germany in 2010.

Guest publication: Berwin Leighton Paisner's Real Estate Debt Restructuring, Enforcing and Trading
Many private equity funds, and private equity real estate funds in particular, have been hit hard by the events following on from 2007. Any underlying investment acquire with leverage pre-summer of 2007 is very likely over levered now. Whether hard real estate assets, operating businesses, debt instruments or other forms of investment - the issues are the similar. How to refinance or structure the old debt by reference to current market conditions.

Great Britain - Highways case study
First Title were requested to consider providing cover in a sale of a Commercial Property that was in use as a Business Park (the Property). Due diligence by the Solicitors had established that the building on the Property fell over the route of an unconstructed (and apparently dedicated) highway.

Great Britain - Portfolio case study
Case:Acquisition of a property portfolio. Proposition:The purchase of a portfolio of 100 new houses from a reputable house builder. Issues:Informed investors are circling looking for a bargain. Seller needs a quick deal and clean exit through limited warranties. Our client wants to be the first to capitalise on the distressed sale but their funder wants asset certainty.

Great Britain - Judicial review case study
A Planning Permission was being sought for a redevelopment of a vintage urban site into a mixture of over 100 houses and flats.

Great Britain - Boundary dispute case study
First Title helped to resolve a homeowner who had a boundary dispute with an adjoining owner. Mr and Mrs Adkins had a problem. It started when they bought their dream home in Buckinghamshire.

Great Britain - Portfolio case study
First Title helped to facilitate the transaction of a portfolio of 15,000 titles.

Great Britain - Rights of light case study
The client: A property developer and their mortgagee. The property: A large piece of undeveloped land. The development: A commercial development with an estimated developed value of £350-400 million.

Great Britain - Village green case study
Developer A has recently entered into a conditional contract with the Local Authority to purchase a piece of land for the purposes of carrying out a development of houses and associated infrastructure. The site is an open piece of grass-land with a housing estate on three sides and a main road to the front.Developer A has contacted First Title for village green insurance because of a perceived risk of a challenge under s.15 of the Commons Act 2006.

Great Britain - Right of access case study
Vaughan & Blyth (Construction) Ltd bought a 250-year-old listed building with the intention of development.

Case studies of recent risks found in Slovakian Land Registry
The strategic importance of Slovakia with its central location, good transport links, low taxes and relatively affordable development space has proved extremely popular with a broad range of international investors. Despite the rapid growth of the market, the land registry system has not yet fully responded to the increasing demand in a way that minimises title risks.

An overview of key Hungarian cadastre and Land Registry issues
In Hungary, the cadastre and legal registry was integrated in 1971 at a legal and institutional level. Despite the fact that the cadastre developed at a time when modern technology made title documentation easier to update, the system faced challenges due to the vast increase in the number of new parcels created by the Land Compensation program.

Bulgarian case studies
Investors are moving further East in their search for higher yields, which can be provided, by countries such as Bulgaria. However such investments are often open to substantial legal risks arising from the uncertainties created by their property laws or conveyancing systems.

Polish case studies
Investors are moving further East in their search for higher yields, which can be provided by countries such as Poland. However such investments are often open to substantial legal risks arising from the uncertainties of the property law or conveyancing systems in these jurisdictions.

Czech Republic, Hungary & Slovakia case studies
In the Central and Eastern European region FAF International operates as First Title CEE. The attached document gives details of recent risks insured in Czech Republic, Hungary and Slovakia.