Attorney
Lawyer with many years of experience in the field of real estate and land law. Support for construction, registration of land plots, obtaining permitted documentation and protection of property rights. Also has successful cases of labor law and mobbing at work.
Developer verification
In Ukraine, even in the conditions of a full-scale war, the volume of new housing construction is increasing. Developers offer quite profitable offers at first glance. However, real estate lawyers “Prykhodko & Partners” suggest that before buying a non-residential premises or an apartment in a new building, conduct a full inspection not only of the construction site, but also of the developer. We offer a turnkey “developer inspection” service.
How to check the developer before buying an apartment?
In the process of checking the developer, we pay special attention to the following data:
- Definition of the developer.
To begin with, real estate lawyers “Prykhodko & Partners” determine who the developer is. To do this, an analysis of the available permits and documents for the land plot is carried out.
- Checking the developer for reliability.
The criteria for checking the developer for reliability are:
- Checking the fact of registration with the Unified State Register of Real Estate and Property.
- The presence of arrests, enforcement proceedings, litigation, debts.
- Determining the business reputation of the developer.
To do this, we conduct a detailed analysis of previous projects. A large role is played by the sales structure (for example, potential risks are identified). The above steps form the basis of a legal analysis before buying an apartment.
Failure to check the developer in a timely manner can lead to a number of problems. The most common is a stoppage of construction due to:
- Lack of permits to start construction/right to use the land plot.
- Starting construction not according to the project (most often this is a deviation from the project).
- Inconsistency between the development intentions and actual construction.
What documents must a developer have to start construction?
Before starting construction work, the developer must obtain a permit and license. The availability of these documents is checked through the Register of Construction Activities and the Register of Permit Documents.
In addition, it will be necessary to obtain urban planning conditions and restrictions. This is an important document that contains architectural and planning requirements for construction and design.
And this is only the first step on the way to checking the developer. Special attention should be paid to the contract with the developer. The lawyers of “Prykhodko & Partners” will pay attention to the existing risks and obligations of the real estate buyer. We have extensive experience in the field of real estate and will be able to conduct a comprehensive legal analysis of all available documents.
Important: often in the development process, the following chain occurs: Developer → General Contractor → Contractor → Subcontractor. It is very important that each of the listed links works as harmoniously as possible (even legal disputes are quite common). Our real estate lawyers will find out whether there are any arrests, bans, encumbrances, open proceedings (executive or criminal) between the developer and other participants in the construction. All these processes can drag on for years. As practice shows, this leads to a delay in construction.
What risks can await the buyer if the developer is not checked?
Buying real estate from a developer can be accompanied by certain risks, especially if he is not legally checked. Without special knowledge, it is quite difficult to recognize controversial situations. The worst-case scenario is that the buyer loses the apartment and the money spent on its purchase.
Our real estate lawyers offer turnkey real estate purchase services: a full check, analysis of the purchase and sale agreement, support at all stages of the apartment purchase.
Each document undergoes a thorough check. If, for example, the developer is not checked, you can get the following result:
- The deal may be declared invalid.
And this is not the worst option. The buyer has a chance to get back the money spent on the purchase of the apartment.
- The apartment is sold using forged documents.
After the real owner of the apartment is identified, there are minimal chances of finding the seller and returning the lost money.
Without a doubt, checking an apartment before concluding a purchase and sale agreement involves not only a construction inspection, but also a legal check of the developer.
The primary real estate market is a whole system, the functioning of which is sometimes accompanied by the use of fraudulent schemes thought out to the smallest detail.
To avoid risks and ensure the conclusion of a successful transaction, we recommend using the services of experienced real estate lawyers. Prykhodko & Partners specialists will use all available tools to protect clients from purchasing “problematic” real estate.
Do you have any more questions? We look forward to a preliminary consultation in a format convenient for you (offline or online)! To calculate the cost of a lawyer’s services for checking the developer, fill out the form below.
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In which regions of Ukraine do you work?
The department of real estate and land law, as a rule, works in Kyiv and the Kyiv region.
- We provide our services in all regions of the Kyiv region, for example:
- Bilotserkiv district (towns of Skvira, Tarasha, Bila Tserkva, Uzyn, Tetiiv).
- Boryspil district (the cities of Boryspil, Pereyaslav, Yagotyn).
- Brovary district (the cities of Brovary, Berezan).
- Buchansky district (towns of Bucha, Irpin, Vyshneve).
- Vyshhorod district (the cities of Vyshhorod, Slavutych).
- Obukhiv district (towns of Obukhiv, Boguslav,
- Vasylkiv, Kagarlyk, Myronivka, Rzhyshchiv, Ukrainka).
- Fastiv district (the cities of Fastiv, Boyarka).
It is worth noting that on some issues (services) we work throughout Ukraine, contact and clarify information by phone!
Do you provide consultations online or over the phone?
Yes! If you do not have the opportunity to come to the office in Kyiv, then you can pay and receive a consultation by phone or in one of the applications for conducting calls/conferences.
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