Publication date: 28.05.2024
Support of real estate transactions
Buying or alienating real estate is an important and responsible operation that requires proper legal preparation and support. Inaccuracies or irregularities in the process of concluding real estate transactions can lead to numerous legal problems in the future. That is why the service of accompanying real estate transactions is extremely relevant and in demand in the market of legal services.
What is legal support of real estate transactions? This is a set of measures aimed at ensuring the legality and safety of operations with real estate objects. Such measures include the verification of title documents, analysis of the legal status of the object, preparation of contracts, presence during the conclusion of the agreement and its notarization, as well as state registration of rights to real estate.
Services for legal support of real estate transactions can be provided both separately and as part of full turnkey transaction support. The choice of the scope of services depends on the specific situation and the wishes of the client.
What is included in the legal support of real estate transactions? The main components are:
1) Verification of title documents for the real estate object and collection of necessary documents for concluding the agreement.
2) Legal analysis of the real estate object for the presence of any encumbrances, arrests, prohibitions, etc.
3) Preparation of a draft contract of sale, lease, donation or other agreement related to real estate.
4) Legal analysis and agreement of all essential terms of the contract.
5) Support during the conclusion of the agreement and its notarization.
6) State registration of real estate rights in relevant registers.
The cost of legal support for real estate transactions may vary depending on the complexity of the transaction, the scope of services, the region and the reputation of the legal company. On average, the price ranges from a few thousand hryvnias for a basic package to tens of thousands for extended transaction support.
For the convenience of clients, law firms often offer the conclusion of a contract to support a real estate transaction. Such an agreement regulates in detail the scope, cost and procedure for providing services. As a rule, law firms have standard samples of contracts to accompany real estate transactions, which can be adapted to a specific situation.
Full support of a turnkey real estate deal involves a full range of services - from the initial consultation and collection of documents to the final registration of rights to the object. This format is convenient for clients who want to minimize their participation in the process and get real estate without any risks.
The real estate transaction support service can also be provided separately or as part of complex support. In such a case, a lawyer or an attorney is personally present during the certification of the agreement at the notary and supervises compliance with all formalities.
By contacting a lawyer or a law firm for real estate transaction support services, the client receives a guarantee of the security and legality of the transaction. Experienced specialists will carry out the necessary verification of documents, ensure the correct execution of the agreement and protect against possible risks and violations.
Legal support of real estate transactions allows you to avoid many problems that non-professionals often face when concluding transactions on their own. Legal companies that provide such services bear full responsibility for the consequences of their work, which additionally guarantees the security of the deal.
Therefore, the support service of real estate transactions is necessary to protect the rights of buyers and sellers, as well as to ensure the legality of all transactions with real estate. By seeking professional help, you get a guarantee of security and reliability of the deal.
