September 25, 2022

Pawel Kentaro Grendys explains the importance of seeking legal advice when buying real estate

Real estate lawyers have become very important today. They help clients with all kinds of legal problems that are directly related to real estate of shops, residences, private property, commercial leases, neighbors and tenants. Before entering into a real estate purchase, it’s important to confer with a real estate lawyer. Pawel Kentaro Grendys, an expert on real estate in Latin America, offers various reasons why this is necessary.

These professionals are used to facilitate procedures such as the transfer of the real estate, including what is the purchase and sale, as well as for the preparation of lease contracts. Above all, they help clients to carry out legal aspects of the property for rent, as well as to defend the rights of both owners and tenants. Therefore, a real estate lawyer specializes in land use, zoning, property development and foreclosure, this being one of the reasons why they have taken on so much importance today.

Explains Grendys, “A real estate lawyer is responsible for offering legal advice on everything related to property management, restrictions and agreement on real estate, among many other issues related to what is private property. Therefore, his specialization is real estate disputes, as well as deed problems and inconvenience with the illegal usurpation of some property or illegal transfers.”

They also have the function of creating and registering documents on behalf of clients through a power of attorney, as well as modifying the terms of contracts and agreements, and negotiations for purchase and sale through contracts. For all this, they usually work with real estate developers, investors, brokers and other types of lawyers.

They have the mission of preparing and reviewing evaluations, leases, inspections of purchase agreements, as well as carrying out the drafting of documents to carry out financial agreements or rentals of private or commercial properties. They are also responsible for advising all clients on different matters according to their needs, whether with property titles, environmental and insurance issues.

The legal experts are in charge of representing their clients before the courts through a power of attorney, as well as carrying out different judicial procedures, participating in trials and hearings, filing appeals, among others. In this way, lawyers have the power to negotiate on behalf of their clients and help them reach an effective solution. In addition, they usually offer legal advice and review transactions which are known as due diligence and involves a review of the sales price history.

Being able to count on a real estate lawyer will offer you certain benefits, especially if you have different homes for rent or you constantly carry out legal procedures for homes or businesses. Having the services of a specialist in the field will help you save time, money and effort since their work leads them to be up to date in everything related to this topic.

The legal experts offer the availability of a database with all the necessary details and characteristics of the properties that are in optimal conditions for purchase with the best offers on the market and taking into account the financial capacity of the clients. In addition, they can provide exclusivity since they assume the commitment to find the properties that adapt to the needs of the clients, as well as to help them with all the legal procedures that it entails.

They also offer you greater caution when carrying out any legal procedure with property or private property that belongs to you. “As well as advice to everything you need to know about the business you are going to do. It helps you to draw up a previous contract where all the necessary rules for the negotiation are established,” adds Grendys.

Having a real estate lawyer at your disposal will always help you go through the legal route, as well as having a backup before any business you are doing. Keep in mind that the laws are very broad and vary according to each country, so advice before carrying out any procedure would be very important.