Real estate
Why to choose us in/for real estate transactions?
- In the course of representing a bank with a large stake of the retail banking market in several thousands of consumer disputes, we obtained a comprehensive view regarding the issues of bank financing and government subsidies which experience helps us to enhance even the prevention of disputes, where possible, when transactions are in a preparatory phase.
- We provide all–embracing services to our private and institutional clients in the entire field of property law including the preparations for and drafting of contract, in the course of land registration and governmental licencing procedures;
- We are familiar in detail with the requirements and other aspects of financial institutions regarding property sale and purchase transactions.
• Preparation and commenting on sale and purchase and other contracts (i.e. swap, donation, lease, etc.) of real properties;
• Establishing condominiums, preparation and modification of founding documents, organisational and operational regulations and house rules for condominiums;
• Establishing and terminating of usufruct (life tenancy) rights;
• Participation in the resolution of disputes related to real properties (e.g. joint ownership, legal relations between neighbours, protection of possession) counselling parties in proceedings;
• Changing the zoning of properties, plot formation (i.e. division or merger of parcels, setting borders);
• Providing legal advice regarding real estate financing (loans, government subsidies);
• Drafting and commenting on contracting agreements for construction projects and refurbishment work.
Lawyer’s fees: depending on the complexity of the matter (i.e. the number of participants and their legal status, the resource and means of payment of the purchase price, encumbrances of the property, if any, we charge an amount between 0.35 and 0.5 % of the purchase price of the property but not less than HUF 75,000.– Ft + VAT.
• Establishing condominiums, preparation and modification of founding documents, organisational and operational regulations and house rules for condominiums;
• Establishing and terminating of usufruct (life tenancy) rights;
• Participation in the resolution of disputes related to real properties (e.g. joint ownership, legal relations between neighbours, protection of possession) counselling parties in proceedings;
• Changing the zoning of properties, plot formation (i.e. division or merger of parcels, setting borders);
• Providing legal advice regarding real estate financing (loans, government subsidies);
• Drafting and commenting on contracting agreements for construction projects and refurbishment work.
Lawyer’s fees: depending on the complexity of the matter (i.e. the number of participants and their legal status, the resource and means of payment of the purchase price, encumbrances of the property, if any, we charge an amount between 0.35 and 0.5 % of the purchase price of the property but not less than HUF 75,000.– Ft + VAT.
• In case of the conveyance of a property of any size and function (e.g. an office building, factory, or students’ dormitory) we provide legal support throughout the entire transaction and draft the required documentation;
• We carry out a due diligence covering the aspects of property law, company law, environmental law, the local zoning plans and the contractual relations regarding the property (i.e. tenancy, financing, securities, leases);
• Rendering legal advice regarding issues related to the building permit; counselling, if needed, in the judicial appeal proceedings against the administrative decision;
• Preparing and commenting on project contracts (design, contracting, subcontracting);
• In marketing a developed property: preparing the uniform sales and lease contracts and then individualising them;
• Drafting condominium founding documents;
• Land registrations of the condominium units.
• We carry out a due diligence covering the aspects of property law, company law, environmental law, the local zoning plans and the contractual relations regarding the property (i.e. tenancy, financing, securities, leases);
• Rendering legal advice regarding issues related to the building permit; counselling, if needed, in the judicial appeal proceedings against the administrative decision;
• Preparing and commenting on project contracts (design, contracting, subcontracting);
• In marketing a developed property: preparing the uniform sales and lease contracts and then individualising them;
• Drafting condominium founding documents;
• Land registrations of the condominium units.
