Legal Support in Real Estate Transactions in Georgia: When it comes to purchasing real estate in a foreign country, it can be a daunting task to navigate all the legal issues and look for reliable realtors on your own. Therefore, it is important to use the services of qualified professionals who can provide comprehensive support throughout the transaction process.
Legal analysis of real estate transactions involves a careful study of both the property and the correctness of all documents to ensure no encumbrances. Encumbrances can be divided into two types: those reflected in the registry and those not reflected in the registry.
Professional support of real estate transactions includes a certain set of services for each stage of the process: preliminary agreement of conditions, preparation of documents, actual completion of the transaction and carrying out mandatory administrative procedures.
The services for a real estate legal transaction include:
– Evaluation of property/owner and seller;
– Preparation of a purchase and sale agreement/checking an existing contract;
– Signing of documents and submission for registration;
– Registration of the agreement and payment to the seller.
There are many pitfalls in purchase the real estate in Georgia. From the first sight the property registering process may seem relatively easy, however in reality, lack of expertise and knowledgeable advise, this process may result in disastrous for the new property owner. Therefore, we advise you to contact the professionals to get assurances of a successful transaction.
You can enable someone in Georgia to have representational rights by granting them power of attorney. Our services include preparing all required documents and ensuring legal protection for the transaction.
It is not just just advised, but must prior to an actual transaction. Our company cooperates with independent real estate appraisal specialists who will help establish the real price prior to the conclusion of the deal. We will be happy to provide this service.