If you are tired of your full time job then you’re going to be interested in learning how a part-time home based business can help you get rid of it. The way that this is able to happen is because as you will be building your business slowly as a part-time thing you will start to notice that you’re going to earn a lot more income over the years than you will ever do in your job.The mistake that many people make is literally quit your job first and get into a home based business full-time thinking that they’re going to be making money quickly. This is not going to happen and this is a mistake because is going to make you quit and just get another job. What you have to do is be strategic and have a business as your part-time and keep your job as you full-time until you are able to earn more income in your part-time business than you do in your job.By doing it this way you’re going to be able to give yourself the chance to learn about your business and also get familiar with the way to promote it. Another good thing is that the money that you make from your job you will be able to invest into your home based business and actually give it a good foundation.I know that many people fear investing their money into a business that they have no idea what is about. But I can guarantee you that there are many home based businesses out there that are very legit and have been around for a long time. By doing the research you’re going to be able to find an affordable home based business that offers a good valuable service and this is definitely what you want to invest in.By doing this you will literally be able to make a lot more income in your part-time home-based business than you do in your job but remember that is going to take some time. The good thing is that you will be motivated to make a home based business work in order to quit that job that you want to get rid of.
Buying a Property in Romania – Real Estate Law in Romania
If you are looking to buy a holiday or second home or invest in Romania, Transylvania or at the Black Sea and you are a foreign citizen/investor, there are few aspects you should know about the procedure an the costs for the acquisition of Romanian land or Romanian houses.
After 2012, foreign citizens EU citizens (non-Romanian) may purchase a home or apartment in Romania may freely buy and sell any Romanian property, without restrictions. Along with the sell price for the property, buying real estate in Romania has other costs associated with it.
If you have chosen to collaborate with a Romanian real estate agent/ broker you can expect to have an additional commission of approximately 2-4% of the price of the property. The local tax will be 2-4% of the price of the property. The signing of a contract must be witnessed by a public notary who submits it for certification by the Land Registry in charge of real estate records. The fees for the Romanian public notary is about 0.5-1% of the purchase price. You will also have to pay fees to the Land Registry (“Cartea Funciara”) to register the Transfer Deed. The Romanian Land Registry Fee for a purchase of a property will vary from 1-3% according to the length of time that the seller had owned the property and the property’s value.
The Romanian law on property states that Citizens of EU member states, legal persons incorporated in the EU member states and stateless people domiciled in an EU member state can purchase land in Romania only if the land is used for secondary residences or for secondary headquarters after a 5 (five) years term from the accession of Romania to the EU (starting with January 1st, 2012); only for the agricultural land and forest land 7 (seven) years term from the accession of Romania to the EU ( starting with January 1st, 2014).
But for the Citizens, legal persons and stateless people not from a EU member state, the Romanian legal system establishes that they can purchase land in Romania, under the conditions of international treaties between Romania and the states of origin on these persons, under a reciprocity basis.
In our point of view, a prudent investor will hire a Romanian lawyer/ a Romanian Law Office, who will liaise closely with the notary on the verification of the title, obtaining the Land Registry excerpt and the drafting of the agreement for the transfer of ownership of the real estate. This means that the Romanian lawyer will be solely acting for and is responsible to his or her client, whereas the notary will not have the same degree of responsibility to the purchaser.
Under Romanian law there are three basic rights to land and buildings such as right of ownership; usage rights as lease, usufruct, superficies; concession right. The principle of contractual liberty represents the key core of the property law in Romania.
Sometimes, an investor/purchaser can opt for closing a pre-sale agreement, by which the seller undertakes to transfer ownership to the buyer at a certain date in exchange for an agreed consideration. The content of the pre-sale contract will stipulate all commercial and legal conditions for the transfer of ownership, as conditions precedent to the final transfer of ownership. The closing of such pre-contract for purchase does not means the transfer over the property, but the stipulate binding obligations for the parties, in regard to, as example, damages or penalties set out in them, if the seller refuses to sign the final notarized deed of transfer at the agreed deadline.
The closing of the pre-sale agreement is to protect the investor/buyer from any possible purchase to other buyers and to matters regarding the fixed price and duration of a future purchase. In our point of view, it is a must that the pre-sale agreement to be concluded at a Public Notary and clearly stipulate the sale price and other clauses regarding duration of future purchase. In this case, it can be enforced in court on the buyer’s request as a deed to transfer ownership.
A sale agreement signed in Romania, according to the Romanian legislation will mandatory stipulate: obligations of the parties for the fulfillment of the sale contract, delivery and quality conditions of goods and/or services, terms, payment methods and payment guarantees, payment instruments and price insurance, contractual risk, as well as method of solving eventual litigations arising from the contract. Other required elements include the full name and identification details of the parties (for legal entities) and name of the person signing the contract (representing a legal entity).
Home Based Businesses For 2009
Home businesses for 2009 are exploding because of the recent economic down fall. Millions of people daily are heading online in search of a cure to their financial problems. As this trend starts to explode, there are some concepts that people need to realize when transitioning from the employee mindset to the entrepreneur mindset.Setting Goals
Setting goals is the only way you will have a successful home based business. How many times have you set goals? Did you keep them? This is a problem many people have. They do not have trouble setting the goals – it is the keeping them part that is harder. Goals are essential to the home based business because without them there will be no direction clearly laid out for the business to follow. Studies show that the first five years are critical to the success of a small business. This is the period within which they either make it or fail. You should set 30, 60, and 90 day goals. Make sure these goals are written and can be viewed easily. Keep track of deadlines and run your business like a business, not like a hobby.Understand That It Will Not Be EasyStarting your own home based business for 2009 will not be a easy thing to do. The number of things you have to consider when starting up are going to be overwhelming at first. Sometimes you may just want to give up and do nothing. You need to remember that success leaves clues. You’ve heard the saying, “Follow the rabbit down the rabbit hole”. If you want true success, follow those who have went before you and achieved it. Research and testimonials will help you find those clues. don’t make it harder than it really is. It really isn’t that hard to generate over 100k a year from the right business. Just find your leader and follow there steps.Daily Method of OperationHome based businesses for 2009 must be operated in an organized manner. Make a list everyday after you are finished working, of what you need to take care of the next day. Create a list of the 5 most important things you need to do to get you closer to your profits. Work until you have completed each task. When you do this, you will already know what needs to be done, in what order when you start fresh the next day, and most importantly, you will be making progress each and everyday. Also make sure to spend some time investing in yourself with personal development. This increases your value to society and your ability to lead.