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“Major leases”: derogatory power of Law no. 392/1978

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Players in real estate industry often wonder about the possibility of entering into commercial leases derogating from specific provisions of applicable law, i.e. Law no. 392 dated 27 July 1978. How to deal, for example, with the client’s request to include in a lease agreement the right to withdraw at any time (i.e. ad nutum) …

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