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The procedure for concluding contracts for the sale of real estate

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Consultant # 1306
Consultant # 1306
Lawyer
Ukraine / Kyiv

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Publication date: 07.06.2024

The procedure for concluding contracts for the sale of real estate

The conclusion of real estate purchase and sale agreements is an important and responsible procedure that requires careful compliance with legal norms and requirements. This process includes several key stages, each of which has its own characteristics and nuances. In this article, we will consider the main stages of concluding a contract of sale of real estate and the importance of professional legal support at each of them.

The first stage: Preparation for the conclusion of the contract

First of all, it is necessary to carry out a legal analysis of the situation, which includes checking the legal status of the real estate, the presence of encumbrances, arrests or other legal restrictions. Consulting a lawyer at this stage will help avoid possible problems in the future and ensure the legality of the agreement.

Second stage: Verification of documents

Before signing the contract of sale, it is necessary to check the following documents:

  1. Documents confirming ownership of real estate.
  2. Technical passport for the real estate object.
  3. Extract from the State Register of Real Property Rights.
  4. Certificate of no arrears on utility services.

An online lawyer can provide prompt assistance in checking documents and identifying possible risks. A specialist's legal opinion will help ensure the purity of the transaction and the legality of the seller's property rights.

The third stage: Preparation and conclusion of the contract

The contract of sale of real estate must be concluded in writing and notarized. The following conditions must be clearly defined in the contract:

  1. Data on the parties to the contract (seller and buyer).
  2. Subject of the contract (description of real estate).
  3. Real estate price.
  4. Settlement procedure.
  5. Rights and duties.
  6. Procedure for transfer of real estate to the buyer.

The help of a lawyer online will be useful for preparing a draft contract and agreeing all terms with the other party. A lawyer can also ensure the presence at the signing of the contract to control the correctness of the procedure.

Fourth stage: Notarization of the contract

After preparation and agreement of all terms of the contract, it is subject to notarization. The notary verifies the legality of the agreement, the availability of necessary documents and the identity of the parties. The notarial certificate is a mandatory condition for the validity of the contract of sale of real estate.

Fifth stage: State registration of property rights

After the notarization of the contract, it is necessary to carry out state registration of the ownership of real estate in the State Register of Real Property Rights. For this, relevant documents are submitted to the registration body. Consultation of a lawyer at this stage will help to correctly prepare all the necessary documents and ensure successful registration.

Conclusion

The conclusion of real estate purchase and sale agreements is a multi-stage process that requires a detailed legal analysis of the situation and compliance with all legal norms. Consulting a lawyer at each stage will ensure the legality of the agreement and protect the interests of the parties. A specialist's legal opinion will help avoid possible risks and ensure the purity of the transaction. The help of a lawyer online will ensure promptness and quality of legal support at all stages of concluding a contract for the sale of real estate, which is a guarantee of a successful conclusion of the agreement.

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