I. The lawyer guarantor of legal certainty and the interests of his client
Through his expertise in real estate law, the lawyer will ensure that transactions are completed while ensuring the protection of his client’s interests. However, the drafting of the various contracts is a crucial step, as real estate transactions are based on often very complex legal mechanisms. The lawyer will be able in particular to adapt the various contracts in order to best protect the interests of his client, for example by stipulating mandatory conditions precedent for the completion of the sale.
The lawyer thus has an expertise allowing him to avoid all the difficulties linked to a possible misinterpretation of the contract or its clauses, the aim being to avoid any litigation, loss of time for the buyer and brake on his investments.
The client will be assured that the transaction takes place in compliance with the legal and regulatory framework, which is sometimes complex to understand in the case of large-scale real estate transactions.
A fortiori, the emergence of a global real estate sector resulting in the complexity of real estate transactions makes the support of a lawyer all the more essential.
The lawyer also offers tax support to the purchaser, advising him on the possible arrangements and optimizations adapted to his expectations.
Finally, legal expertise also allows the lawyer to intervene in order to optimize the tax transfer of real estate from the purchaser to any person of his choice.
II. The attorney in real estate transaction
To briefly illustrate this new activity of lawyers, the lawyer finds himself between the notary and the real estate agent, to intervene on all the legal aspects of the transaction, on the one hand, and to carry out the search for a co-contracting party for the desired transaction. by his client, on the other.
Indeed, by providing the necessary legal support, the lawyer communicates about the property concerned, presents it to potential interested buyers and intervenes alongside his client in the negotiation phase that follows. The attorney in a real estate transaction is therefore a lawyer like any other, but he also puts at your disposal his second hat by exercising a mandate to carry out your real estate projects whether for purchase or sale.
In conclusion, we stress that real estate has become an attractive long-term investment for investors seeking diversification and stable returns in an uncertain economy. Many traditional real estate investors are looking to acquire portfolios that transcend borders, resulting in the emergence of an increasingly complex global real estate industry. However, for your real estate investment to be a real asset, it is necessary to know the many existing legal and tax strategies, and this is precisely what the LEXLOR law firm brings to you.