Romanian Justice Reform under CVM’s rule. Innovative vision of the New Civil Code in matters of property rights
The New Romanian Civil Code, in force as of the 1st of October 2011, has new provisions related to how a person can obtain the property of goods, either immobile or mobile. The acquisitive prescription is described in articles 930 – 940 of the NCC, using old legal provisions of the Decree-law no. 115/1938. The main point of interest in this new ruling is the accent on using the land books for most of all legal operations concerning land in particular and immobile goods in general. Seen as the most useful way for a possessor of goods to become proprietor of goods, the acquisitive prescription poses a great interest also for generating property rights also for mobile goods, since this situation had poor details in the old civil code.
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