If you want to buy real estate in Ukraine – we can help you!
In our team we have lawyers, real estate agents and notary. So we could support you from “Start to End”.
Definition of Real Estate and Real Property Law
The legal definition of real estate or real property is land and the buildings on it. Real estate law governs who may own and use the land.
This simple concept includes a wide range of different legal disciplines. First, real estate may be either residential or commercial. It can be owned by one person but used by another through rental arrangements. Land can be bought or sold, and due to its high value, there are many local laws that ensure real estate transactions are properly performed and recorded. Land may also pass between family members through estate planning, or may be owned by more than one person. Finally, state and local governments have rules concerning the purposes for which land may be used — for example, each plot of land must be used according to local zoning laws, and landowners may not damage the surrounding environment.
What Is a Real Estate Attorney?
A real estate lawyer is someone whose job it is to know the rules and regulations related to real estate transactions. Real estate attorneys help their clients understand contracts and other legal documents. They deal with zoning issues and mortgage fraud, negotiate on behalf of the parties they represent, oversee the transfer of deeds and titles and verify whether a commercial or residential property has a lien, a restrictive covenant or another legal issue.
Real estate attorneys can work with both individuals and corporations. Whether or not you’ll need one will ultimately depend on what you’re trying to accomplish.
When You’ll Need a Real Estate Lawyer
Linking up with a real estate attorney can be a good idea when you’re facing a difficult circumstance such as a foreclosure or short sale, or when you want to purchase a property that’s owned by the bank. Your lender and your title company might want you to get an attorney in order to confirm that there’s nothing wrong with a property’s title. And having an attorney can be particularly helpful if you’re trying to buy or sell a commercial property since the rules regarding tenant relationships and a company’s tax filing status can be quite complex.
If you’ve had a judgment filed against you or you’ve filed for bankruptcy, it’s in your best interest to consult a lawyer for advice. An attorney can also be a major asset to a real estate team dealing with a property that’s part of someone’s estate, one that’s located in an area vulnerable to a natural disaster or a property that has an issue with termites, lead or another environmental contaminant.
Marzoni lawyers have experience assisting clients in real estate law matters, including:
- Draft and review real estate purchase contracts
- Assess and enforce claims for damages against intermediaries, funds and other involved parties, in and out-of-court
- Provide legal advice reagrding the encumbrance of real estate properties with rights, especially as security for a credit
- Advise clients regarding the advantages and disadvantages associated with the ownership of residential apartments in Germany
- Take on claims due to construction defects against architects or other providers
- Offer legal advice throughout the entire conveyancing process
- And many positions more…
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