Buying or selling an apartment, house, commercial premises, or land is often one of the largest financial decisions in a person’s life. It is also an area where incomplete checks or a poorly drafted contract can lead to financial losses, lengthy disputes, and an inability to register ownership.
Budimir / Panjković Zlatić Law Firm offers a comprehensive service built on years of experience in property law. Our legal team works closely with clients to understand their objectives and tailor practical commercial solutions to their needs. Our lawyers’ experience and thorough understanding of how the relevant authorities operate enable us to deliver practical, cost-effective, and business-focused solutions.
Property Legal Due Diligence
Before paying an earnest money deposit or signing any agreement, it is essential to know exactly what you are buying. Property legal due diligence includes:
- Checking the real estate cadastre to establish who is registered as the owner, the extent of their ownership, and the legal basis for it;
- Identifying any encumbrances or restrictions, including mortgages, recorded notices of pending disputes, easements, leases, or prohibitions on disposal;
- Verifying the building’s legal status, including the existence of building and occupancy permits or a legalisation decision;
- Determining whether the property forms part of matrimonial assets or an estate, and whether consent from other persons is required;
- Checking whether the property’s actual condition corresponds to the information recorded in the cadastre.
Based on these checks, we provide clients with a clear assessment of the risks and recommendations on how to complete the transaction safely.