The acquisition of real estate is an important issue that requires special attention, since there are many fraudulent schemes and unreliable sellers. In order for the cherished purchase not to be overshadowed by financial losses, it is worth preparing for the process in advance, and accordingly, checking the apartment before buying is important here.
Any real estate objects require a comprehensive inspection so that the buyer does not encounter problems in the future. It is quite difficult to conduct it independently, especially if there is no knowledge of the current legislation, because a superficial visual inspection is not enough to formalize a transaction. Here it is important to study the title documents, technical documentation and many other legal nuances.
The competent specialists of the Arten company will conduct a high-quality and complete inspection of real estate before buying both in a new building and in the secondary housing market.
Features of real estate inspections in the primary housing market
A legal check of an apartment before buying is primarily important to identify potential problems when buying real estate. It will prevent the danger of freezing the funds invested in the direct construction of the facility and not becoming a victim of fraudulent schemes.
The comprehensive service of a real estate lawyer consists of:
This process is important when buying not only an apartment, but also any real estate, so it is important to check the house before buying, land, warehouse or office space in order to protect yourself from the loss of financial resources or the rights of third parties to this property.
To start checking, a potential buyer must specify the name of the developer, where the purchase is planned and, if possible, the documents that the developer himself gave for review. All subsequent issues that arise during the verification process are resolved by lawyers directly with the real estate seller.
Checking of secondary housing for registration of purchase and sale
To carry out the inspection, it is necessary to provide copies of the title documents for the purchased property that the seller has. This is a contract of sale, a technical passport, a certificate of ownership, a certificate of registered family members in the apartment being sold, including children, and other available data about the property.
Information and documents of the seller and his family members will also be required to conduct a thorough analysis of possible risks. If children under the age of majority or persons with limited legal capacity are registered in the apartment, the purchase and sale transaction is carried out only with the consent of the guardianship and guardianship authorities. Among other things, we need information about the expected terms of the transaction, which the parties have agreed on, in order to assess all possible risks and conditions of the proposed transaction.
The service for checking housing in the secondary market consists of:
Additionally, it is recommended to check the history of the transfer of ownership of the apartment, the imposition and removal of encumbrances on it. These are bans, arrests, mortgages. This check allows you to find out the entire history of the apartment: how many owners there were, on the basis of what the ownership right was, when and by whom encumbrances were imposed and removed. It is also important to know whether the seller is legally married, and whether the spouse agrees to the alienation of the apartment.
How to check a property before buying?
It is quite difficult to independently verify such a volume of specific information. Knowledge of the law is important here, so entrusting the issue of conducting a legal check of real estate to the specialists of the Arten company, you will not wonder how to check an apartment before buying, so as not to become a victim of fraudsters and not lose your capital.
Our lawyers will check quickly, efficiently and in full , analyze all submitted documents for authenticity and compliance with the norms of current legislation, providing you with a reasoned conclusion regarding the real picture about the developer or the owner of the housing, as well as the real estate object that is planned to be purchased.
You will only have to make a decision about the acquisition or refuse it if certain difficulties with this object may arise in the future.
Desirable list of data to implement
Due diligence on real estate
| # | Document | Provides the client The client is preparing The client is preparing | Prepared by our lawyers Our lawyers prepare We |
|---|---|---|---|
| 1 | A copy of the title documents: purchase and sale agreement, donation, etc. | ||
| 2 | Technical data sheet | ||
| 3 | Certificate of ownership | ||
| 4 | Certificate of registered family members in the apartment for sale | ||
| 5 | Seller's name and phone numbers |
Prices and terms
| Terms of complex property inspection | 1-5 w.d. |
| The cost of a full check | from 110 USD |
| We guarantee that the result of Our services received by you will meet your expectations and legal requirements 100%. | |
Real estate due diligence expert
