Many questions arise in connection with a real estate transaction. It is very important for the purchaser to make a thorough investigation (often referred to as “due diligence”). The due diligence process shall not only include a technical and environmental investigation of the property, but also a financial and tax investigation and, not least, a legal investigation. This is of particular importance if the property is acquired through the acquisition of a company, which in turn owns the property, which is very common. The findings of such due diligence shall then be handled, e.g. through warranties from the seller in the purchase contract.
For the seller it is, on the other hand, important to use the purchase contract to limit its liability for faults and deficiencies in the property and environmental risks.
As landlord, the owner of the property has to enter into lease agreements, renegotiate and terminate lease agreements. where the agreement shall cover such matters that may arise during the term of a lease, but there are also other matters related to real estate.
For the tenant it is important to have a lease agreement on reasonable terms and conditions and which regulates such matters that may arise during the term of the lease. Termination of the lease contract in order to leave the premises or to change the terms of the contract and compensation due to the landlord’s termination are other matters of importance to the tenant.
We advise sellers and purchasers of real estate, participate in negotiations and conduct due diligence. Vi advise both landlords and tenants regarding lease contracts and other real estate matters.