September 2022
Enforced Execution against Hotel Units: the Lenders' Practices
George Psarakis LL.M. (mult.), PgCert
The Thessaloniki Court of First Instance issued a Payment Order for compensation for early termination, i.e. compensation to the lessor for loss of profit - rents lost due to the tenant's fault in terminating the lease contract. In this way an immediately enforceable title is issued (within days), without waiting years for a court decision.