The final form of the giving in payment law that will extinguish obligations from mortgage loans regarding immovable properties was voted by 207 deputies. If President Klaus Iohannis would promulgate it, it will come to force in 15 days from that moment.
The first attempt of issuing this law (25 November, Chamber of Deputies) was stopped by President Klaus Iohannis, who sent it back to the Parliament for reexamination, on the 18th of December, explaining how “The law is welcomed, but the form adopted by the Parliament, instead of helping the ones with mortgage loans, risks to create new difficulties, even to the point when it is impossible to apply it. Unclear terminology, mismatch with current regulations, and creating inequity situations among the beneficiaries of the law, are just a few of the problems of the regulatory document. Thus, today I resent the law to the Parliament, for reexamining. It is the Legislator’s attribution to define more rigorously the terms they use, so that confusions and haziness are avoided.”