Inspection of the object and the developer for litigation, criminal litigation from open paid and free sources. Verification of the object and the developer for the presence in the register of debtors. Study of the origin of the right of ownership of the property.
Property inspection before purchase
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№
Stage
Term (days)
Cost
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1
Legal opinion on the object of purchase14 UAH 5,500.00
In general
14
UAH 5,500.00
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Legal inspection of real estate
Buying commercial or residential premises is a potentially profitable investment. The agreement will be considered as such only under the condition of "purity" of the purchased object. For this, it is necessary to check the real estate. From a legal point of view, the procedure includes steps aimed at verifying the seller's identity, researching the investment or purchase agreement, and other measures. These actions should be carried out by an experienced lawyer, then it is safe to say that the risks of the transaction are minimized.
Why do you need a legal real estate inspection?
A pre-purchase legal real estate inspection is required to identify a problematic property. Measures will prevent spending money on a plot of land or premises that will need to be protected from claims in the future.
A comprehensive check will help to exclude the possibility of freezing the funds invested, for example, in the construction of a residential or non-residential object.
It is advisable for buyers to use the real estate inspection in order to exclude claims from third parties: from the seller's relatives, previous owners of the object, business partners, guardians, etc.
There is a high probability of fraudulent transactions related to the purchase and sale of real estate.
That is why the verification of the legal purity of real estate should be carried out by a competent specialist. He studies information about the object of the agreement and, on the basis of the received data, can predict the probability of problematic situations, warning the buyer about a possible risk. In doubtful situations, the refusal of the agreement will be the best solution and the exclusion of problems related to disputed points.
Real estate inspection by a lawyer is beneficial because the procedure will be carried out by a disinterested person. A specialist can accurately assess all risks without taking into account the interests of any parties before making an advance or signing a contract.
Please note: by spending a small amount on the involvement of a competent lawyer, you can withdraw from the purchase agreement in time and save money and time in the future.
Inspection of real estate before purchase: new construction
Inspection of the builder. The work of the construction company within the specified land plot is studied, the history of its activity, as well as the companies connected with it, are analyzed.
An analysis of documents registering the developer and its subsidiaries is being conducted. A lawyer must make sure that he has a license and registration documents.
A check is carried out for the presence of judicial and executive proceedings against the developer and its branches.
Permits for construction are being studied. The event is considered mandatory if a legal inspection of the apartment is carried out upon purchase. At this stage, permissions for laying communications are also considered. Specialists check construction terms, periods after which communications should be connected.
The legal inspection of the apartment includes an analysis of the sales scheme, the specialist carefully studies the developer's contract. If the buyer is offered some special procedure for purchasing real estate, the legality of the developer's actions and the benefit for the buyer are analyzed. If necessary, it is clarified whether it is possible to make changes to the contract and in what order this should be done.
Inspection of real estate on the secondary market
When buying an apartment on the secondary market, checking the legality of the transaction begins with studying the identity of the owner, then:
● The content of the sales contract is checked. At the same stage, it is clarified whether there is a gift, a power of attorney and other accompanying documents that prove the legal right of the owner to dispose of the property.
● The presence of judicial enforcement proceedings and other encumbrances in relation to the real estate object under consideration is being checked.
When the apartment is inspected, the lawyer must find out about the presence of a mortgage, seizure. The possibility of transferring ownership to third parties, for example, children or spouse, is analyzed. If necessary, an analysis of the conditions of sale and the scheme of implementation of the agreement is carried out. Based on all the work, a conclusion is drawn as to whether the seller of one's own private home should be trusted.
Legal inspection of real estate before purchase: commercial objects
Working with commercial objects is similar to the residential sector of real estate. However, there are some nuances that lawyers are obliged to inform the buyer about. Let's note the main activities organized by the specialist:
● If the purchase of commercial premises is planned, first of all, the lawyer finds out whether there are any restrictions on the object. For example, whether the premises are pledged to a bank or another natural or legal entity (partner, other company). In general, the probability of the emergence of rights of third parties to the object of the agreement is currently being assessed.
● Real estate documents are being checked. It includes the study of the right of ownership, permits for redevelopment (if any). When the object is under construction, documents must be provided that allow such works to be carried out. The technical documentation of the object is studied - normally it corresponds to the current legislation and is drawn up in the closing in the same order.
The given list is not considered exhaustive, the scope of work for each object is formed individually. In some cases, specialized experts are involved in the procedure.
Property inspection: what a buyer needs to know
Special attention is paid to the study of encumbrances of a commercial object, since their presence is found quite often. Claims from third parties often arise. This is seen through active lawsuits, complaints from tenants who also had the first right to purchase, creditors, etc. Most often, there are problems with permit documentation, including not only for the object, but also for the land where the real estate is located.
In order for the inspection of real estate in Kyiv or any other city to be carried out legally, with the exception of risks, the lawyer acts in stages. Conducted:
● The study of a commercial object, which includes the search for information in open sources. For example, in the official State Register. This will allow you to get a common understanding about the "purity" of the object and think about whether it is worth making the deal. If there are any doubts already at the first stage, it is better to refuse the deal.
● Verification of the developer or seller of commercial real estate. First, you need to make sure that the seller has the right to sell the property, and the owner wants to conclude a transparent agreement. At this stage, the register of judgment debtors is being checked, the rights to land intended for commercial purposes are being examined.
● When it comes to construction, much attention is paid to the land where the work is planned. The documents for the ownership of the plot are being checked. The chain of purchase and sale of the area is studied. Only after that, the deed is implemented and the owner can start organizing construction works.
What may be required for a real estate inspection
Documents establishing the right to the real estate being purchased will be required for the inspection. Copies of the purchase or investment contract, technical documents, certificate of ownership and other information about the object are required. If a residential premises is purchased, it is also advisable to prepare data for both the seller and his family. Inspection of real estate in Ukraine may include work with other documents, depending on the complexity of the transaction.
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