New rules on acquisitions and short-term rentals in owner-section

New Owners Section Act came into force on January 1, 2018 and has importance for, among other things, builders and section owners when an owner-section joint venture shall be established and on subsequent operation of the condominium. One of the changes is that the sectioning time has become moved from startup permission to frame permission. Furthermore, have The Storting looked at the...Read More

Change of control, clauses in contracts

The starting point is that the tenant is free to transport the lease to another legal entity. Often, however, leases contain so-called change of control clauses, which limit the tenant’s room for maneuver additional. How important are such clauses? Standard rental contracts for commercial property leases are being built on the right of return and, like the right of right, says that the...Read More