LPA provides comprehensive legal support for projects involving local and direct foreign investment in real estate, such as agricultural and non-agricultural privately and state-owned land, construction projects (hotels, hospitals, trade centers, residential and office premises) and already constructed premises. To this end, LPA has covered all legal aspects related to safe and risk-free investment in the stated sector. Such includes, but is not limited to conduct of in-depth title due diligence, examination of existing restrictions and applicable coefficients for construction projects as well as finding alternative ways for solving existing problems, assistance in segregation of separate areas, elimination of overlap matters and acquisition of final approvals from respective authorities. LPA has provided support in obtaining special construction permits and licenses for licensed businesses.
We have dealt with projects requiring special status, such as free industrial zone and free touristic enterprise status and have maintained direct contact with respective governmental agencies, also drafting special provisions for eradication of legislative loopholes.
LPA has covered all legal aspects of investments in estate property, including complex contract drafting and revisions, assistance in legal matters related to acquisition of state-owned property though special auctions and privatization projects, transfer of ownership title to the investors through following the process till the final closure, support in relation with special entities (electricity, water and gas supply agencies) ensuring free access to infrastructure facilities and insurance companies.
The stated projects often involved complex transactions consisting of several different elements, such as acquisition, mortgage and different encumbrance components. We have provided legal advice and counseling in structuring those transactions and rendered continues legal support and management for the completed projects.