Real Estate, Property Transactions, Title Inspection, and Leases
Before proceeding with the purchase of real estate, it is necessary to conduct a series of checks to ensure that the decision is the right one. The first check will involve reviewing your decision to purchase the property, followed by legal and technical checks.
A title examination is a process conducted before purchasing real estate, exclusively carried out by a lawyer. Specifically, the lawyer examines the legal status of the property at the Land Registry (where all contracts, lien registrations, etc., are kept) and the Cadastre (where applicable). The examination typically covers a period of at least twenty (20) years (the time required for adverse possession), but it is preferable to go back even further to eliminate any doubt.
Additionally, a lawyer is essential during the drafting of any lease agreement, whether commercial or residential, to prevent issues that could lead to legal disputes. Proper prevention, understanding of needs, risk identification, and the drafting of suitable private agreements can avoid such problems. In particular, in the area of commercial leases, with the changes that have taken place in the relevant legal framework, the role of the lawyer is crucial in the prevention and resolution of issues that may arise during the signing of a lease agreement for a store, office, etc. The lease agreement text itself plays a primary role, and it is advisable for a lawyer with expertise in real estate and commercial leases to draft, review, and, if necessary, negotiate the agreement.