The Notary Public - An Important Pawn in the Development of the Entrepreneurial Environment In-Depth Analysis of Real Estate
The Notary Public - An Important Pawn in the Development of the Entrepreneurial Environment In-Depth Analysis of Real Estate

Author(s): Nicoleta-Raina Geamalinga
Subject(s): Economy, Law, Constitution, Jurisprudence, Law on Economics, ICT Information and Communications Technologies, Commercial Law
Published by: Societatea de Stiinte Juridice si Administrative
Keywords: entrepreneurial environment; business law; digitalization; notary public; real estate;
Summary/Abstract: At the beginning of the third millennium, the business environment is undergoing unprecedented developments, largely due to the many events facing humanity - the COVID-19 pandemic, war, the rapid transition to renewable energy, economic globali-sation and the emergence of multinationals - thus accelerating digitisation. Digitisation in the business environment involves the use of tools and technologies that make work more efficient, create new business 'patterns', but at the same time requires an appropriate legislative framework. The legal "industry" is faced with the challenge of finding legislative solutions to bridge the gap between the entrenched realities of the entrepreneurial environment and the digital future of business. And this extremely difficult task falls to a large extent to legal practitioners, among whom an important position is occupied by the notary public, especially in the field of real estate. Real estate is inextricably linked to the notary public. The notary public must be able to act as a temporal portal between the established practice of real estate transactions and digital real estate transactions. At the same time, the notary public must rethink the methods of application of the various institutions of civil law in order to guarantee the safety and security of each party involved.

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