Prof. Dr. Arruñada at CROBECO Conference

A cost /benefit analysis of CROBECO by Prof. Dr.  Arruñada

A keynote speaker of the CROBECO II conference was Prof. Dr. Arruñada from Pompeu Fabra University in Barcelona, who presented a cost/benefit analysis of CROBECO. His conclusions were:

1. CROBECO needs modest fixed costs that should be amply compensated by substantial savings to be obtained in transaction costs;
2. Identification of boundaries by a professional surveyor is costly and should not be made mandatory for CROBECO and domestic transactions;
3. Intervention by legal professionals and other conveyancers from the country where the land is located is costly and should not be made mandatory for CROBECO transactions;
4. CROBECO will enjoy substantial and increasing demand.

See the paper Costs and Benefits of Cross-Border Electronic Conveyancing_Prof. Dr. Benito Arruñada

See the presentation Benito Arruñada_Costs & Benefits of Cross-Border Electronic Conveyancing