There are people who believe that real estate is the best investment. Indeed, if done wisely, an investment in real estate may be followed by a lot of advantages and satisfaction. The business environment changes, prices change, and despite of that, a lot of companies continue to invest in real estate, searching for new opportunities in this market.
Verification of the Legal Status
In principle, no real-estate transaction is proceeded into without prior verification of the legal status of the property. The legal status of a property always has significant influence on the buying decision and on the price. We review the records of a property to see if it is encumbered in any way, including third-party claims, and identify potential risks. We check mortgage registers and, if necessary, help to insurance the legal title to property.
Transactions of Sale and security
For years our lawyers work on transactions of sale of commercial and residential properties. We prepare and negotiate preliminary agreements and contracts of sale, notarial deposits, and escrow accounts. We review development contracts, prospectuses, and other related documents. We prepare all the documents required to take out or wind up a mortgage, including mortgages obtained to secure a loan agreement.
Commercial Lease
Our team prepares and negotiates contracts of commercial lease on behalf of tenants and property-owners alike. We also help to secure the payment of rent and the return of the premises using declarations of voluntary submission to enforcement, bank guarantees, payment protection insurance.
Trade with agricultural land
Recently sale and purchase of agricultural land takes place on new basis. New limitations significantly complicate trade with agricultural land. We help to determine the legal conditions of a transaction of purchase and sale of agricultural land sharing from check of. The legal status of the land and principles on which the right of pre-emption can be exercised, drafting a contract of sale up to securing the payment of the payment.
Acquisition of real estate by foreigners
In some cases, acquisition of real estate or shares in companies that own real estate is subject to legal restrictions and has to be authorised by the Minister of Internal Affairs and Administration. It is labour-intensive and time-consuming and there is a long wait to obtain the permission. We represent our clients in the administrative proceedings of this kind. Prepare applications for authorisation and structure the transaction of purchase in a way that safeguards the interests of our client despite having to wait for a permission.
Contact us
Phone:
(+48) 22 354 63 95