The Parliament has extended the moratorium on the eviction of those indebted through foreign currencies for an indefinite period on Monday.

The proposal approved this Monday and signed by Deputy Prime Minister, Minister of Public Administration and Justice Tibor Navracsics shall enter into force on the day following its publication. This bill was the first one adopted after the recent elections in Hungary.

In the justification of the proposal it was noted that the rules of the extended moratorium are based again on the provisions of the winter eviction ban. Therefore one cannot evict a natural person indebted through foreign currency, who is not eligible for other property ready to be moved in; who is not a squatter; who has not been fined and who was not considered at court for the abuse of lending. The extension of the moratorium should also be applied to any on-going enforcement proceedings.

However, on the initiative of Katalin Csöbör, parliamentary rep of Miskolc in governing party FIDESZ, the Parliament has adopted an absorbing condition under which the eviction ban cannot be extended in certain cases.

Thus, the moratorium is no longer applicable if the foreclosure purchaser or transferee is the local municipality or an entity owned by state or local government that agrees in writing to renovate the property within two years from the date of possession and to put out a tender for the lease of the given property with the aim for job creation, job retention, and the promotion of staying in place. The constitutionally justifiable reason for this regulation is that the condition of survival for communities is virtually the creation of jobs and the establishment of businesses by all means. To do so, it is important for communities to get broadened by residents who work there and by families who contribute to public burdens.

(Ministry of Public Administration and Justice)