Real estate transactions usually involve large sums of money. This is precisely why it is important to be able to rely on proper trustee handling. The attorneys at law at GIBEL ZIRM support you with their comprehensive expertise in trusteeship so that your interests are always protected when acquiring and selling real estate.
Services and offer for real estate transactions
The lawyer's trust account
Caution is required in real estate transactions, especially in the transitional phase between the signing of the contract and the transfer of ownership: The buyer has usually already paid, but is not yet registered in the land register. The seller, on the other hand, hands over his property without having definitely received the purchase price. To ensure that both sides are optimally protected, the purchase price is usually paid via a lawyer's escrow account. As a law firm with many years of experience in Real Estate law, we are available to handle real estate transactions of any size in trust.
Advantages of fiduciary processing
The purchase price is not paid directly to the seller as part of an escrow transaction. Instead, the amount is paid into a special escrow account set up by our law firm. The amount is only released for payment to the seller once all the conditions agreed in advance have been met - such as the buyer's entry in the land register and the deletion of any encumbrances.
The conditions for the payment of the purchase price are regulated in an individual escrow agreement. This contains clear provisions on when and how the money may be paid out to the seller. At the same time, it ensures that the buyer receives his property as agreed.
GIBEL ZIRM attorneys at law also take care of communication with banks, clarify questions regarding the deletion of old liens or the registration of new financing and coordinate with notaries and land registry courts. This ensures that the entire process remains legally clean and efficient.
Your contacts for trusteeships in real estate transactions
As experienced lawyers with extensive experience in Real Estate law, we ensure that your interests are legally protected throughout the entire process. A fiduciary transaction not only offers security, but also transparency and reliability. Put your trust in clear structures, legal protection and our many years of experience for your real estate transactions.
