Real estate
ATTENTION! You may well decide against a real estate transaction once you learn all the risks and hidden nuances after a professional review by an attorney, a lawyer specialising in real estate! (FROM PRACTICE) — and this WILL SAVE YOUR NERVES AND YOUR MONEY FROM FRAUDSTERS!
This lack of protection of transactions is often exploited by swindlers and fraudsters. As a result, when concluding transactions buyers may lose money, time, nerves and, most often, health. As a rule, only an attorney specialising in real estate, or a professionally trained real estate lawyer who knows if not all then the vast majority of both openly criminal and semi-legal schemes for deceiving buyers — from the banal forgery of documents to enormous construction frauds — can withstand professional fraudsters.
Having worked for more than three and a half years as an investigator of economic crimes and having later become an attorney (I advised and continue to advise several firms engaged in the construction of both individual and multi-apartment residential buildings), I know first-hand about the problems arising in transactions involving the acquisition of real estate. Of course, when buying an apartment you can do nothing at all and rely on the decency and good faith of the seller (or of the real estate agent, who bears no responsibility whatsoever for the transaction should any legal problems arise).
In any case, it is up to you to choose: to handle the purchase of an apartment (house, land plot) yourself and take full responsibility for the transaction, or to entrust a professional attorney with carrying out all the necessary pre-sale checks and confirming the legal cleanliness of the real estate purchase and sale. The cost of full support of a real estate purchase and sale transaction (apartment, house, land plot) is the equivalent of USD 100 in hryvnia at the time the agreement is concluded.
Legal support of the purchase and sale of an apartment (house, land plot) — Kyiv and the Kyiv region. In other regions of Ukraine legal assistance is provided by arrangement.
Frequently asked questions
What does the attorney check before an apartment purchase?
Title history, encumbrances and freezes, the seller's court cases and debts, third-party rights (including minors), and risks of the deal being invalidated.
How long does due diligence take?
Usually 2–4 business days, depending on the property and the completeness of the seller's documents.
