Common problems
while buying or selling commercial property without a lawyer
If the seller is in the pre-bankruptcy state, then in the future the transaction can be declared invalid, and the real estate object is transferred to his creditors.
The seller may not have existing contracts for communications (water, electricity, sewerage). Illegal reconstruction of the building itself in the past will also cause a lot of inconvenience to the buyer.
The transaction may be declared invalid if errors were made in the documents. For example, the minutes of the meeting on the approval of a major transaction were incorrectly drawn up, the object was incorrectly placed in the accounting records or its address was indicated with an error.
Legal coordination
of property transaction
1
We conduct a review of the legal cleanliness of the lot and the examination of all documents. We are convinced of the absence of any encumbrances.
2
We compose a detailed algorithm of actions and prepare a contract on the basis of the information collected earlier and documents.
3
We choose the most suitable way of payment: with the help a commercial depository, a notary deposit or through a safety deposit box. We will pay special attention to the terms of receiving money by the seller.
4
Before submitting, we will check the correctness of the completion of all documents in order to exclude the risk of denial of registration. We will monitor the readiness of documents in Federal Agency for State Registration. We will be convinced in advance of the absence of the suspension of the transaction.
5
We will check the absence of debts for utilities. Prepare the act of acceptance and transfer of real estate. It is important that the buyer received the keys to the apartment on time, and the seller took the money from the safety deposit box.
6
When buying or selling commercial property you need to take into account the tax consequences of the transaction. Our tax lawyers will help you to understand this and one of the legitimate ways to reduce the amount of taxes.
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