Due diligence of land objects, minimization of risks to land rights in Lviv and the Western Region

Due diligence is a multilateral examination that must be conducted by a third-party, disinterested organization. The main task of a legal audit is usually to obtain an independent assessment of the object of the contract (land). Due diligence will help minimize the potential risks of entering into important contracts for the purchase, sale, lease, investment or other disposal of land.

OLSON Lviv Law Firm provides a detailed, professional legal audit of land objects. By contacting us, you will receive comprehensive consultations, our competent specialists will conduct a legal audit of the land objects you need and guarantee legal support. After studying the land, we will make informed decisions about the next steps that will be best taken for the land.

A comprehensive legal audit of land is a legal analysis of the possibility of future use of land for the needs of the buyer, owner or investor. Competent specialists check the land object for the presence or absence of problems.

First of all, the legal audit of land objects is of interest to persons who have decided to develop the existing land plot, buyers of land objects, developers, investors.

Specialists of our company during due diligence (legal audit) carry out the following actions:

• examination of title deeds to the land plot (the presence and content of title deeds to the land, compliance of the land plot characteristics with the client's interests is determined);
• examination of the powers of the owner's representative of both individuals and legal entities;
  analysis and study of the history of acquisition of rights (retrospective of the transfer of rights to land) to the land object;
• detection of the presence or absence of encumbrances / restrictions of the land plot (establishment of any legal circumstances arising on the basis of a contract or law that aggravate the conditions of land ownership and use in favor of third parties: lease, pledge, easement, etc.) lands established by law in order to protect the land object or adjacent objects from possible adverse effects by allocating zones with special conditions of use of the territory.);
• verification of the purpose of the land object and study of the possibility and conditions of change of purpose (category of land, permitted type of land use);
• assessment of possible risks;
• detailed conclusions and optimal solutions for the land object.

After conducting a legal audit of the land by our specialists, you will not encounter "surprises", pitfalls and unpleasant nuances that could await you when concluding an agreement without a legal audit.

Today, land is one of the most valuable assets. Based on this, before concluding a contract of sale, lease or other, it is necessary to carefully study the history of the object of this agreement. This approach will minimize possible risks, avoid unexpected "overlays" and more. After all, often after the conclusion of the agreement, circumstances may arise that will not allow the buyer to use the land as previously planned. The specialists of the law firm "OLSON" will conduct a thorough due diligence (legal audit) of the land object in the shortest possible time, which will allow you to conduct the transaction legally, transparently and without risks.