Buying or selling property is one of the most significant decisions in anyone’s life. Whether it’s a first home or an investment property, the process involves numerous legal and financial complexities that require specialized expertise. For this reason, hiring a lawyer during the transaction is not only advisable but also crucial.

Legal Due Diligence on the Property

The first and perhaps most critical step in purchasing property is conducting legal due diligence. Our law firm performs a thorough investigation of the property to ensure there are no legal issues that could jeopardize the transaction. This due diligence includes:

• Establishing Ownership: We review all documents related to the property’s ownership, such as the title deed and cadastral records.
• Identifying Liens and Mortgages: We ensure that the property is not encumbered with mortgages, liens, or other third-party rights that could complicate the transaction.
• Clarifying the Legal Status of the Property: We determine whether the property has legal construction status and check for any building code violations.

Preparation and Review of Contracts

Every contract associated with buying or selling property must be carefully reviewed and drafted with the client’s best interests in mind. Our law firm provides the following services:

• Drafting the Preliminary Contract: This document outlines the main terms of the transaction and protects both parties’ interests until the final contract is signed.
• Reviewing the Final Contract (Notarial Deed): We prepare the draft for the notarial deed, potentially saving you money on notary fees.
• Representation Before the Notary: We can represent you as a proxy or accompany you during the signing of the notarial deed.

Protecting the Client’s Interests

We ensure full compliance with legal requirements and prioritize protecting your interests as our client. This includes:

• Fraud Prevention: Proper legal representation helps prevent various types of fraud and illegal actions.
• Negotiating the Terms of the Deal: We negotiate on your behalf to secure better terms, such as a lower purchase price, deferred payment, or other favorable conditions.
• Consultation and Legal Advice: Throughout the process of buying or selling property, various issues may arise, including those related to taxes, co-ownership rights, and the management of common areas. We provide essential legal advice to help you make informed decisions.

Risk Management

Hiring a lawyer when buying or selling property significantly reduces the risk of future legal problems. We ensure that all documents are in order, the transaction is lawful, and there are no hidden risks that could lead to legal disputes or financial losses.

In conclusion, using a lawyer during a property transaction is key to ensuring a successful and secure outcome. The right lawyer can provide peace of mind and confidence, knowing that all legal aspects of the transaction are thoroughly managed, and your interests are protected. This is an investment that can save you considerable time, stress, and money in the long run.