I contacted him for advice on real estate registration and contract analysis, he was wonderful and friendly, explained everything in detail. Thank you Andriy)) I will contact him again))
Legal Support for Real Estate Transactions
Contracts related to real estate typically contain complex legal provisions and entail significant financial obligations. Therefore, when entering into such an agreement, it is crucial to have a reliable partner who guarantees complete legal security.
Legal support for real estate transactions ensures not only compliance with the law but also helps minimize risks, detect hidden problems, and protect your interests at all stages. The Dominion Law Firm offers professional support for real estate transactions to make the process of buying, selling, or renting property as safe, transparent, and comprehensible as possible.
Request a Free Legal Consultation
Legal Support for Real Estate Transactions on the Primary Market
The key complexity in concluding a deal for the purchase of a property on the primary market lies in the fact that there are a considerable number of possible transaction formats.
In particular, developers seeking to attract investors’ funds may propose signing:
- investment contracts;
- forward contracts;
- purchase and sale agreements for property rights;
- purchase and sale agreements for securities;
- preliminary purchase and sale agreements;
- agreements for partial (equity) participation in construction;
- agreements on participation in a construction financing fund, etc.
It is worth noting that on October 10, 2022, Ukraine’s Law “On Guaranteeing Property Rights to Real Estate Objects to Be Constructed in the Future” came into effect. This law largely regulates how private investors’ funds are attracted for construction financing. In particular, it clearly defines the types of transactions through which developers may sell future real estate objects.
However, the requirement to conclude only the transactions defined by this law applies to projects whose construction began after October 10, 2022. Currently, a significant number of developments are being constructed based on permits received before the aforementioned law came into force. Consequently, in the new-build market, alongside purchase and sale agreements for future real estate objects, other schemes for attracting investor funds will continue to exist for quite some time.
Even experienced attorneys who lack practical expertise in supporting new-build real estate transactions often do not know the key differences among the various types of contracts and are unaware of what to focus on when signing them. Without high-quality expertise and practical experience in real estate, it is impossible to determine which provisions of a contract may pose a serious risk to the investor.
Therefore, to be confident that the contract offered to you by the developer complies with legal requirements and that you clearly understand your obligations under it, we recommend enlisting the help of an attorney to support your real estate transaction.
What You Should Pay Attention to When Signing a Contract for Purchasing Property in a New-Build
- Seller’s Authority
Before concluding a contract, make sure that the seller of the future real estate (property rights) has sufficient authority to conduct such a sale. Often, the party commissioning the construction is one entity, while the seller of the property rights is another. In this case, it is crucial to ensure that the contract is concluded with the actual holder of the property rights. To verify this, check the agreements between construction participants and the protocols for allocating floor space. If the contract is signed by a company director, verify their authority in the relevant register. If a representative is acting under a power of attorney, be sure to review the original of that document. - Essential Contract Terms
Before signing, carefully review whether the object’s characteristics are correctly stated: area, number of rooms, floor, section or building number, etc. Check the object’s price and the payment procedure (including the payment schedule) to ensure they match your prior agreements. Also, make sure the contract specifies the deadlines for completing construction and transferring the property to the investor. If the terms do not match your expectations or prior agreements, insist on making corrections so that the contract accurately reflects all agreed-upon conditions. - Parties’ Obligations and Liability
Pay particular attention to the contract section detailing the parties’ obligations. The developer must guarantee completion of the construction within the agreed timeframe, commissioning of the building, and delivery of the property to the investor in good condition. The investor, in turn, must pay the cost of the property rights on time and in full. Be sure to review penalty provisions: developers typically charge a daily penalty for late payment, and a long delay may be grounds for terminating the contract. The contract should also include penalties for the developer if the construction deadlines are not met, and the buyer must have the right to terminate the contract if necessary. - Procedure for Registering Ownership
Make sure the contract contains clear provisions regarding the transfer of ownership after construction is completed. The contract should specify a list of documents the developer is obligated to provide to register your ownership in the state register. In some cases, additional agreements may be required to complete the ownership registration, which must also be clearly stated in the contract.
Thus, a real estate purchase contract on the primary market is the key document guaranteeing your right to acquire the desired square footage in the future. Enlisting an experienced real estate attorney to support the transaction is a necessary step to ensure the deal is lawful and to protect your interests at every stage.
Legal Support for Acquiring Real Estate on the Secondary Market
Buying real estate on the secondary market is accomplished by concluding and notarizing a purchase and sale agreement between the Buyer and the Seller. Simultaneously, when signing the contract, the ownership right to the property is registered for the new owner at the state registry.
At first glance, the notarization of the agreement gives a sense of confidence and security—and to some extent, this is indeed the case. After visiting the notary, the buyer becomes the official owner of the property, and the acquisition process is effectively complete.
However, a deal on the secondary market has many hidden risks that require careful analysis. It is crucial to adhere to all legal formalities when signing the agreement to avoid potential legal complications and protect your rights.
What to Look Out for When Concluding a Deal to Acquire a Property on the Secondary Market
- Property Inspection
Before finalizing the transaction, it is important to conduct a thorough inspection of the property. For more details on how to check a property, see the section “Real Estate Due Diligence.” On the day of the transaction, make sure to obtain up-to-date information about the property from the State Register of Property Rights to Real Estate to confirm there are no mortgages, prohibitions, or other encumbrances. You should also verify the owner’s information using the relevant registers. If you are buying a residential unit, ensure there are no registered residents. This can be done by obtaining an extract from the Territorial Community Register. - Seller’s Authority
You must examine the original title documents for the property, as well as confirm the authenticity of the seller’s passport using the electronic services of the State Migration Service. If the property was acquired by the seller while married, you need to obtain a notarized consent from the spouse for its sale. If the transaction is carried out through a representative, carefully check the power of attorney authorizing the sale and the representative’s documents. - Essential Contract Terms
Carefully read the text of the contract, paying special attention to the accuracy of the seller’s and buyer’s information, as well as the property’s specifications and address. Check whether the price stated in the contract corresponds to your prior agreement. Additionally, the contract should clearly specify when the buyer will take possession of the apartment. Watch out for any special conditions, for example, if the parties agree that the seller has the right to occupy the apartment for a certain period after the transaction is concluded. - Payment Confirmation
As noted above, the contract must state the actual market value of the property. Furthermore, it must clearly regulate the payment procedure. We recommend adhering to Ukrainian legal requirements and making payment for the property via non-cash methods. This ensures you have a payment document that serves as proof you have fulfilled your financial obligations under the contract. - Ownership Registration and Documentation
After signing the purchase and sale agreement and making the required payment, the buyer’s ownership right is registered in the name of the new owner at the state registry. From that moment, the buyer becomes the owner of the real estate object. Confirmation of registration is provided by an extract from the State Register of Property Rights to Real Estate. In this extract, verify the accuracy of the new owner’s details, the contract references, and the property characteristics.
Once the transaction is completed, the notary hands over the original purchase and sale agreement and the extract from the State Register of Property Rights to the new owner. The previous owner is also obliged to provide the original technical passport and the keys.
Hence, conducting a transaction on the secondary market requires mandatory legal support. Failure to comply with legislative requirements during the process of purchasing real estate may jeopardize the validity of the deal.
For instance, the absence of a spouse’s consent for the sale or a power of attorney lacking sufficient authority for the representative can be grounds for declaring the contract invalid.
Moreover, during the agreement process, disputable issues may arise that need urgent resolution. Having an attorney acting in your best interests ensures your rights will not be violated and that the transaction’s objectives will be met.
Legal support for real estate transactions is an integral part of a safe property purchase. Qualified attorneys will safeguard your rights at every stage of the transaction.
Do not risk your investments — choose legal support from experienced professionals!
FAQs
How can I verify that the seller is indeed the property owner?
First, review the title document, keeping in mind that ownership is established upon state registration. To confirm the seller is the owner, check whether the ownership right is duly registered under their name. This can be done via the State Register of Property Rights to Real Estate. However, if ownership was acquired before January 1, 2013, you should file a request with the local Bureau of Technical Inventory to obtain an information certificate about the registration of ownership.
Is it possible to understate the value of a property in the contract?
Understating the property value in a purchase and sale agreement is illegal and risky. Parties often try to lower the transaction amount to reduce taxes and fees; however, we strongly advise against this. The law requires that the contract price reflect the market value because taxes, fees, and state duties are calculated based on the actual transaction value. Underreporting the price may trigger tax authority checks and lead to additional tax assessments and penalties. Furthermore, there is a key risk that if the contract is terminated or deemed invalid, the buyer would only be entitled to recover the amount stated in the agreement.
What risks might arise if I proceed without hiring an attorney?
The purpose of legal support during the transaction is to protect the interests of the buyer (or seller). During the transaction, an attorney thoroughly examines the property documents and ensures the notary follows proper procedures for notarization and for state registration of ownership rights. Additionally, a real estate attorney helps prevent unfavorable contract terms and legal violations that could serve as grounds for invalidating the transaction. Hiring a real estate attorney significantly reduces risks and makes the property acquisition process secure and hassle-free.
Satisfied Client Stories
I reached out to Dominion Law Firm when I needed assistance with purchasing a land plot for development. I received prompt consultation and subsequently requested full support for the transaction. The entire process of purchase and registration went smoothly. I highly recommend their services!
Alina Doroshenko
I reached out to Dominion Law Firm to review documents before purchasing a house. The lawyers conducted a thorough review and provided essential recommendations. Thank you, Oleksandr, for your excellent work. I highly recommend their services!
Oleksandr Vyhovskyi
We contacted this law firm when we were buying an apartment, we needed a full check of documents and support for the transaction itself. We worked with lawyer Oleksandr Pinchuk.
Oleksandr carefully analyzed the documents for the object on the secondary market, prepared a detailed conclusion and calmly answered all our questions. It was important for us to have a specialist nearby who could explain all the legal nuances and monitor the security of the transaction.
Oleksandr was also present when the transaction was signed and accompanied us at all stages of the registration.
During the transaction itself, an unusual and unplanned situation arose, but he stayed with us until the end of the process, helped to sort out all the issues and supported us both professionally and humanly.
Thank you for your work and if necessary, we will definitely contact you again🩷
Olha Kovalchuk
We had a question about privatizing real estate and contacted him for a consultation.
Oleksandr answered our question quickly, explained, demonstrated, and explained everything like he explained it to little children.
THANK YOU SO MUCH for your help and patience.
I highly recommend him, he's a team of professionals.
Nikita Sokol
I contacted Dominion regarding taxes when selling real estate. They responded quickly and constructively. Many thanks to Oleksandr! I sincerely recommend Dominion.
J M
I contacted the company to check the documents before buying an apartment and to support the purchase transaction. I worked with Oleksandr. Oleksandr provided professional advice, provided an inspection report and answered all the questions of concern. He was also present at the transaction and accompanied and helped at all stages. It was important for us to monitor the entire transaction process, since this was the first purchase and everything went smoothly with Oleksandr.
If necessary, we will contact him again.
Yulia Melnyk
I am very grateful to Olexandr for his help with the purchase of an apartment. Despite the fact that I contacted him the day before the transaction, he managed to analyze all the documents and make amendments to the draft agreement. He was also present at the transaction itself, carefully analyzed all the documents and provided some useful advice on further actions. In the future, when I need legal assistance in real estate, I will contact only him, because Olexandr is a professional and a master of his craft)
Olha Pivtorak
I turned to lawyer Oleksandr to support a real estate transaction. I am very satisfied with his work: he carefully delved into all the details, professionally conducted all the stages and provided qualified assistance. Thanks to his support, I felt calm and confident that everything would be done correctly. I sincerely recommend Oleksandr as a highly professional and responsible specialist!
Anastasiya Bilenskaya
I received professional and very useful advice from lawyer Oleksandr regarding the purchase of an apartment in a new building. He carefully analyzed the contract, explained all the complexities in simple language and paid attention to important details. Thanks to his advice, I felt much more confident and calmer during the purchase process. I am sincerely grateful for the help and responsible attitude! I highly recommend it!
Irina
Oleksandr completely conducted the transaction for the purchase of land and real estate for me. Before that, I checked other options, and not without consequences. I was lucky to avoid purchasing real estate in poor condition and on incomprehensible land. A very pleasant person, a good specialist, I even delegated communication with the developer to him. I felt completely legally secure. I recommend him to everyone.
Artem Bazdyrev
I contacted Dominion Lawyers with a very difficult question. Where other companies either tried to rip me off with a huge amount or refused to help, here everything was resolved in a couple of phone calls. They even helped on Sunday, which is a day off for the company. For any questions - only here! I strongly recommend them, I have not yet found better lawyers in Ukraine.
Yukhym Romanenko
I am sincerely impressed by the professional, perfect approach in a short time. To check the reliability, various risks of the transaction, etc., I definitely recommend using the services of "Dominion". Peace of mind and confidence are worth it.
Inna Pavlenko
Excellent lawyers. Before buying an apartment with them, I checked many housing complexes. In the end, I found a suitable option, all the documents were meticulously studied and all the nuances of the transaction were taken into account.
Diana Gavrylova
I'm grateful to Oleksandr for his top-quality work. He was very helpful when I was purchasing an apartment. Special thanks for managing the communication with the unprofessional realtor. I've decided that if I ever need legal services, I will contact "Dominion." I've already recommended it to my friends.
Oleksandr Kovalenko
I am very grateful to Oleksandr and Andrii for their work! They bought an apartment in a new building and turned to this agency to check the developer's documents, etc. The services are at a high level, and everything is clear for the customer. I ordered an inspection on Tuesday, and already bought an apartment on Friday. The package of services included all inspections and assistance in concluding the agreement. If you want to save your nervous system, money and time, I advise you to contact them!
The sales department also appreciated their work. They asked: "Lord, where did you find them and how much did you pay?", because for two days the entire sales department, the developer's lawyers, etc., were listening. Therefore, if the purchase of real estate, then it is up to them.
Iryna Grytsenko
I contacted Dominion Law Firm to weigh all the risks before buying real estate. Oleksandr Pinchuk and his team of lawyers conducted an analysis: they found court cases, debts, and problems with permits. They explained all the risks and advised me not to invest in this residential complex.
I felt that the lawyers were really protecting my interests, not just fulfilling formalities. I recommend them as professionals who think a few steps ahead and always offer clear solutions. Thank you!
Dmytro Kolisnichenko
They quickly and competently provided assistance in the inspection of the real estate object, special thanks to Oleksandr for the support of the transaction, clear explanation, professional approach. I highly recommend it.
Inna
Thank you for your help in resolving the issue.
I advise you to contact professionals✌️
Valentina Andreieva
I am very grateful, they provided high-quality help, explained and solved all my questions, I definitely recommend!
Tetyana Ivanchenko
I would like to highly appreciate the level of service and transaction support provided by Oleksandr and Inna, who analyzed our case and the specifics of the transaction in detail, providing relevant solutions, recommendations and support, I am very grateful to them for their professionalism
Nadiya Severina
Inna checked the documents for the agreement and provided all support, including the preparation of documents for the agreement, the impression was: high quality, on time, explained everything, clearly answered all questions.
Also worked with Oleksandr, professionally, everything under control, he will solve any controversial situation calmly and confidently. I recommend this law firm, professionals with whom it is a pleasure to deal and to be confident in their work.
Angelina Horonzhuk
Urgently, with a lack of documents, they did a comprehensive check and provided clear recommendations. Well done, quickly and qualitatively. Inno, you are the best!
Anna Solyarik
We used the service of examination and support for concluding a contract when purchasing an apartment. Everything went quickly and with the highest quality! The company treats with equal care both large transactions and small ones at the level of purchasing a one-room apartment on the secondary market. Our best recommendations!
Andriy Musiyko
Helped quickly and professionally. Ms. Maryana Harnyk very carefully checked the developer's documents and the text of the contract, and provided comprehensive advice on risk analysis, answering numerous questions. I recommend
Mustafa Osmanov
I thank the lawyer Oleksandr Pinchuk for clear and professional recommendations on resolving the conflict situation.
Oleksii Donskoi
Request a Free Legal Consultation
We offer dependable legal protection services. With our expertise, we can resolve issues of any level of difficulty.
© 2005-2026 | Dominion Law Firm | All rights Reserved
