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Legal support of real estate transactions

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Письменна Марія
Письменна Марія
Attorney
Ukraine / Kyiv

i

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Publication date: 27.05.2024

Lawyer

Legal support of real estate transactions

 

A real estate deal is a complex process that requires careful legal support. Many nuances and legal issues may arise from a correctly drawn up contract to the conclusion of the agreement. Therefore, it is important to have a reliable partner who will provide legal support for real estate transactions. Let's consider what is included in the full support of a real estate transaction and why it is necessary.

 

What is legal support for real estate transactions?

 

Legal support of real estate transactions is a set of services that includes consultations, preparation of documents, negotiations, notarial support of real estate transactions and legal registration of all necessary procedures. The main purpose of such services is to protect the client's interests and ensure the legal purity of the transaction.

 

What is included in the legal support of real estate transactions?

 

Consultations

 

At the initial stage, it is important to get the advice of a lawyer who will explain all the intricacies of the process and help determine the strategy of action. Consultations include document analysis, property rights verification and legal risk analysis.

 

Preparation of contracts

 

The agreement to accompany the real estate transaction is a key document that regulates the relationship between the parties. A contract for legal support of a real estate transaction helps to avoid misunderstandings and ensures the transparency of the transaction. The sample agreement may vary depending on the specifics of the agreement, but the main points always include: the subject of the agreement, rights and obligations of the parties, terms of settlements, responsibilities of the parties and resolution of disputes.

 

Inspection of the real estate object

 

Full support of a real estate transaction involves a thorough inspection of the real estate object. This includes checking the legal status of the real estate, the absence of encumbrances and arrests, analysis of the history of the transfer of ownership rights and compliance of the object with building regulations.

 

Notarial support

 

Notarial support of real estate transactions is an important stage, because the notary certifies the validity of the transaction and ensures its legal force. The notary verifies all documents, confirms the identities of the parties and registers the agreement in state registers.

 

Negotiations

 

A lawyer who provides support services for real estate transactions also acts as a mediator in negotiations between the parties. It helps to agree the terms of the agreement, resolve possible conflicts and ensure that consensus is reached.

 

Execution of the agreement

 

The final stage is the execution of the agreement and the registration of property rights in state bodies. This includes preparing all the necessary documents, submitting them to the relevant authorities and obtaining extracts from the register of property rights.

 

The cost of legal support for real estate transactions

 

The cost of legal support for real estate transactions may vary depending on the complexity of the transaction, the amount of required services, and the region. On average, the support service of a real estate transaction will cost the client between 1% and 5% of the value of the real estate object. However, investing in quality legal support can avoid significant financial losses in the future.

 

Why choose legal support for turnkey real estate transactions?

 

Support of turnkey real estate deals allows the client to relieve himself of all the hassles related to the legal aspects of the deal. Professional lawyers ensure complete security of the agreement, minimize risks and guarantee that all stages of the process will be carried out in accordance with the law.

 

Contact the professionals

 

If you are planning a real estate transaction, contact the lawyers of "Legal Marketplace Consultant" LLC for quality legal support. Our specialists will provide you with full support of the real estate transaction, provide professional advice and help resolve all legal issues. Entrust your transactions to professionals and be sure of the safety and legality of each stage.

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  • Do you need legal support for a transaction (purchase, rent, etc.)?
  • Do you have official documents related to your issue?
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