Real Estate

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Legal support for transactions and deals

Our team of experts provide comprehensive legal advice on real estate issues, including:

  • Compliance assessment of transactions (compliance with law, administrative requirements, and permissions)
  • Drafting of contracts
  • Offering legal representation for clients dealing with state authorities
  • Providing legal advice on contract management to guarantee a successful completion of projects

Due diligence

As a necessary part in the development of any real estate project/deal, due diligence can include any of the following:

  • Validation of real estate data recorded in the public register
  • Correction of errors in the public register, to amend boundaries
  • Investigation of real estate restrictions and encumbrances, as specified in the public register and stipulated by town planning regulations, area development plans and title establishing documents
  • Discussion of the possibility of real estate usage, in accordance with the client’s goals
  • Determination of applicable tax and rent fees
  • Real estate transferability
  • Risk assessment of real estate premises being considered as an unauthorised construction, or the acquired title considered invalid
  • Risk assessment of the real estate deal being challenged
  • Assessment of the possibility for third parties to file a title claim against a real estate item, and of the risks of seizure / encumbrance of a real estate item for public needs
  • Resolution of active disputes / conflicts that may affect a real estate item’s transaction
  • Chain-of-title due diligence, as well as information about the beneficiaries when the real estate item is owned by a company (including transnational)

Dispute resolution

MGAP represents clients in a wide range of conflicts in connection with immovable property. Our experience includes:

  • Declaration of title to both private and commercial premises – as well as to construction works in progress – in courts
  • Unauthorized use of property
  • Foreclosure proceedings on an item of real estate, and writ of execution proceedings
  • Division of immovable property after discharge of investment contracts
  • Enforcement by state authorities to fulfill investment contracts with state participation, including the issuing of permission documentation, the removal of third-party land users, etc.

Through years of practice, MGAP has given a substantial contribution to the establishment of court practice in the recovery of civil damages against state authorities on the grounds of unilateral termination or change in the construction of commercial real estate items.

 

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