Péter Gárdos

Transfer of Contract in Hungarian Law

Legal Concerns and Inconsistencies in the Judicial Practice


Transfer of charge and surety

Between 2013 and 2023, the Civil Code stipulated that if the performance of a claim is secured by a charge or a surety, the rights arising from the charge and the surety are automatically transferred to the assignee by operation of law.1 The rule providing for the transfer of charge and surety constitutes a necessity because of the accessory nature of these rights. Since it is inconceivable that an accessory security is held by a person other than the holder of the secured claim (the creditor), it is also inconceivable that an assignment should be made which would result in these rights continuing to vest in the assignor (the original holder).2

Transfer of Contract in Hungarian Law

Tartalomjegyzék


Kiadó: Akadémiai Kiadó

Online megjelenés éve: 2024

ISBN: 978 963 664 059 0

Péter Gárdos’s book delves into the realm of contract transfer within the context of the Hungarian Civil Code. With a keen eye on legal evolution, Gárdos traces the genesis of the Code's provisions, revealing surprising complexities that emerged despite prior court recognition of the transfer of contract practices. In response to ensuing uncertainties, the legislator enacted revisions and supplementary regulations, which paradoxically engendered further ambiguity.

Gárdos's comprehensive analysis navigates through this legal landscape, offering invaluable insights into the legislative rationale behind the Hungarian Civil Code and subsequent developments in legislation and case law. Building on the laws of various European countries and international instruments, the author not only interprets existing laws but also ventures into comparative studies across various European jurisdictions, enriching the discourse on contract law harmonization.

Hivatkozás: https://mersz.hu/gardos-transfer-of-contract-in-hungarian-law//

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