Support for the purchase of real estate at the Prozorro sales auction

Today, buying and selling real estate at auctions is a fairly common way to purchase the apartment or house of your dreams. The Prozorro sales auction is particularly popular. That is why a relevant service from the lawyers of our Prykhodko and Partners law office is support for the purchase of real estate at the Prozorro sales auction. In this article, we will take a detailed look at what this auction is and what opportunities it provides.

Possibilities of purchasing real estate at the Prozorro sales auction

Let’s start with the fact that Prozorro.Prodazhi is a joint-stock company. Its main purpose is the administration of the electronic trading system for the sale of communal and state property. In addition, this joint-stock company is a central database for electronic trading.

Transparently. Sales is a unique project created in 2016. The initiator of its creation is the Ministry of Economic Development and Trade of Ukraine in cooperation with the National Bank of Ukraine, the Individual Deposit Guarantee Fund and Transparency International Ukraine.

The reform of state sales pursued the following goal: quick, transparent and efficient sale of communal and state-owned assets. At the same time, the limiting factors are a high level of public control and prevention of corruption.

What are the risks of independent participation in the auction?

Sometimes auction participants face the following problem: tender organizers create all the conditions so that no one from outside can participate in the tender. Preference is given only to “their” participants, who ultimately become the winners of the bidding.

In practice, this can be done as follows: clearly defined conditions for specific, “selected” participants are prescribed in the tender documentation. These can be, for example, special requirements for the manufacturer, products or packaging.

Of course, other market participants should not put up with such injustice. In this case, submission of an electronic complaint by our lawyers will help.

Accompanying the purchase of real estate is the key to successful participation in the Prozorro sales auction

Of course, successful participation in the Prozorro sale auction must be accompanied by clear knowledge of the legal framework related to the regulation of public procurement. Such knowledge significantly increases the chances of winning when buying real estate.

That is why it is best to use the help of professionals – Prykhodko and Partners lawyers. We are constantly working in the field of procurement and have a lot of experience in supporting clients in the field of real estate.

Our lawyers offer:

• Consultancy.
• Full legal support.
• Providing recommendations for successful participation in bidding.

After winning the auction, the tenderer receives a message indicating the desire to sign the relevant contract with him. In the absence of complaints from other bidders, a contract is concluded between the customer and the winner. No more than 20 days are allocated for this. The key point is the legality of actions regarding the conclusion of a real estate purchase agreement. It is at this stage that it is especially important to enlist the support of our lawyers. The key to our success is an individual approach to each specific case.

Do you still have questions? We are waiting for a preliminary consultation! To calculate the cost of accompanying the purchase of real estate at the Prozorro sales auction, fill out the form below.