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What is included in the legal support of real estate transactions

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Симиренко Ганна
Lawyer
Ukraine / Kyiv

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Publication date: 27.05.2024

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What is included in the legal support of real estate transactions


Legal support of real estate transactions is an important stage in the process of buying, selling or renting real estate. It ensures protection of the rights and interests of all parties to the agreement, minimizes risks and guarantees compliance with all legal requirements. In this article, we will consider what exactly is included in the legal support of real estate transactions and what services are provided by lawyers.


The main stages of legal support of real estate transactions
1. Consultation and analysis of documents
Legal support of a real estate transaction begins with a consultation, during which a lawyer analyzes the legal status of the real estate object, checks documents and provides a preliminary risk assessment.
2. Preparation of the contract
The next stage is the preparation of a contract to accompany the real estate transaction. The lawyer drafts a contract of sale, lease or other agreement taking into account all the requirements of the law and the interests of the client. It is important to make sure that the contract for the legal support of the real estate transaction includes all the necessary terms and conditions that protect the rights of the parties.
3. Checking the legal purity of the object
The lawyer conducts a comprehensive inspection of the real estate object for the presence of encumbrances, debts, lawsuits and other legal problems. This includes analysis of data from registers, verification of ownership history and other important aspects.
4. Notarial support of real estate transactions
During the conclusion of the agreement, the notarial support of real estate transactions ensures the official certification of the agreement. The notary verifies the correctness of the documents, the identity of the signatories and the compliance of the agreement with the law.
5.State registration of ownership
After signing the contract, the lawyer ensures the submission of documents to the State Register of Real Property Rights for registration of the ownership of the new owner. This is a mandatory stage that completes the process of transferring rights to real estate.
6. Full support of the real estate transaction
Full support of a turnkey real estate transaction includes all stages from the initial consultation to the completion of registration of ownership rights. The lawyer controls every stage of the process, ensuring full protection of the client's interests.
The cost of legal support for real estate transactions
The cost of legal support for real estate transactions depends on the complexity of the transaction, the amount of required work and the region. On average, prices can vary from 5,000 to 20,000 hryvnias. Notarial support of turnkey real estate transactions, as a rule, has a separate cost, which depends on the notary's rates.


Advantages of legal support of real estate transactions
Protection of the rights and interests of the client: The lawyer ensures the legality of the agreement and protects the rights of his client.
Minimization of risks: Due to the verification of documents and legal analysis, the risk of problems in the future is reduced.
Saving time: the lawyer takes care of all organizational issues, which allows the client to focus on other important matters.
Professional support: The client receives qualified assistance at all stages of the transaction, which significantly increases the chances of successful completion of the transaction.


Conclusion
Legal support of real estate transactions is a comprehensive service that ensures safety and legality when buying, selling or renting real estate.The correct approach to drawing up a contract, checking documents and registering ownership allows you to avoid many problems and ensure the successful completion of the transaction.
If you are planning to enter into a real estate transaction, contact qualified lawyers for professional assistance and protection of your interests.

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