Despite the war and other negative factors, the real estate market in Ukraine is developing dynamically. However, very often when buying real estate you can face such a problem as dishonesty of sellers. That is why a very important service of Prykhodko and Partners lawyers is legal assistance when buying real estate. We accompany the purchase of real estate both on the primary and secondary markets. Lawyers Prykhodko and Partners will analyze the sales contract in detail and advise you on possible risks.
The most common mistakes when buying real estate
The most common mistake when buying real estate is the lack of a detailed inspection of the property’s history. Important: preparation and certification of sales contracts by notaries is not a guarantee of concluding a reliable agreement. As a result, we receive a large number of legal disputes, the main task of which is to declare sales contracts invalid.
Lawyers Prykhodko and Partners take great responsibility for real estate inspection before selling an apartment. We will analyze the history of the developer/owner and the companies associated with them. Checking of arrests, existence of executive or judicial proceedings, registration documents is also a very important issue.
Legal assistance when buying real estate consists, among other things, in checking information about the purchase/sale through the register of debtors and the register of court decisions. In most cases, the usual verification of information is not enough. Lawyers Prykhodko and Partners analyze all available information and assess all possible risks. Thanks to such actions, you can be sure of the reliability of the purchase.
We will install:
- Whether the real estate was the subject of the dispute.
- Has the real estate been mortgaged?
- Was the apartment seized?
- Whether the person-seller was prosecuted.
- Whether executive proceedings have been opened against the seller.
The following is a common situation: a minor is registered in the apartment or house at the time of sale. In order to sell the apartment in this case, the minor registers at a new address and, thus, is removed from the place of registration in the apartment that is being sold.
It is better to involve guardianship and guardianship authorities in such situations. This is additional insurance against invalidation of the agreement in the future. The same conditions apply to disabled persons.
If you plan to buy commercial real estate, you should know the following information:
- Who is the owner of the real estate object.
- Is the facility leased or privately owned?
- Is the object of commercial real estate not secured by a loan?
Lawyers Prykhodko and Partners will carefully check all available information.
Assistance of professional lawyers when buying real estate
Legal support of purchase and sale agreements will help to avoid many problems. Lawyers Prykhodko and Partners will help draw up a real estate purchase agreement and ensure the implementation of other transactions with apartments, houses, etc.
In the process of drawing up sales agreements, our lawyers will analyze the presence of complications, which in the future may lead to the contract being declared invalid. If problematic points are identified, we will develop a step-by-step plan for special conditions of real estate purchase, in accordance with current Ukrainian legislation. That is, lawyers Prykhodko and Partners will protect you from invalidating the purchase agreement in the future.
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