Signing Contracts Remotely as a Foreign Owner in Romania
You rarely need to be in Romania to sign a binding contract. How foreign owners sign remotely, by exchange, electronic signature or power of attorney, and which contracts still require a notary.
Penalty Clauses in Romanian Contracts: How Much Can You Claim?
A penalty clause lets you agree the cost of breach in advance and claim it without proving your loss. How much you can claim under a clauză penală in Romania, and when a court can reduce it.
Governing Law and Jurisdiction Clauses in Romanian Contracts
Two clauses decide what happens when a contract fails: which law applies, and where a dispute is heard. How foreign companies should choose between Romanian courts and arbitration, and draft clauses that can actually be enforced.
Is an Email or Verbal Agreement Binding in Romania?
In Romania, a contract exists the moment the parties agree, so an email exchange, or even a verbal deal, can bind you without a signature. When these agreements are enforceable, and when written form is still required.
Do I Need a Notary for a Contract in Romania?
For most everyday contracts in Romania, you do not need a notary. For a small but important group, the sale of property being the clearest, a notarised form is not optional, and without it there is no valid contract. Knowing which category yours falls into, before you sign.
How to Terminate a Contract in Romania: Pact Comisoriu Explained
To terminate a contract in Romania, you must do more than announce the relationship is over. A well drafted termination clause, a pact comisoriu, can let you end an agreement yourself, sometimes almost at once. Without one, a court may have to terminate for you.
What a Contract Review in Romania Should Actually Tell You
A contract can be perfectly legal and still be a bad deal. That gap, between a document that is valid and one that protects you, is the whole reason a review exists. What a proper contract review in Romania checks before you sign, and what it quietly costs you when it is skipped.
What Foreign Investors Get Wrong About Contracts in Romania
Most foreign investors focus on the wording of a contract. Romanian law asks an earlier question: was it validly formed at all? From good faith and notarised form to termination and late payment, here is what actually decides whether your contract protects you, explained plainly.