Contract Drafting and Review
Contract Drafting and Review services in Sri Lanka, offered by Kadira Estate Management Agency, are designed to ensure that all real estate transactions are legally sound, clear, and fair. These services protect the interests of all parties involved by providing expert legal oversight throughout the process of creating and reviewing contracts.
Property Law Advisory Services
Client Briefing
Identifying the client’s specific needs and objectives related to the property transaction. Providing preliminary advice on the legal aspects of the transaction and the importance of a well-drafted contract.
Information Gathering
Collecting all relevant details about the property, the parties involved, and the terms of the transaction. Gathering necessary documentation, such as property deeds, title documents, and previous agreements.
Sales and Purchase Agreements
Drafting agreements that clearly outline the terms and conditions of the sale or purchase, including price, payment terms, and closing dates. Including contingencies and special clauses that protect the interests of the client, such as inspection periods, financing conditions, and penalty clauses.
Lease Agreements
Drafting lease agreements that clearly define the rights and responsibilities of tenants and landlords. Outlining terms such as rent amount, lease duration, security deposits, maintenance responsibilities, and termination conditions.
Other Property Agreements
Drafting agreements for joint ventures in property development, specifying roles, contributions, profit-sharing, and exit strategies. Preparing agreements for partnerships involving real estate investments, detailing partnership terms and conditions.
Legal Review
Thoroughly reviewing all clauses to ensure they are legally sound and enforceable.Identifying potential legal risks and liabilities in the contract and advising on necessary amendments.
Compliance Check
Ensuring that the contract complies with all relevant local laws, regulations, and industry standards. Confirming that all necessary due diligence has been completed and reflected in the contract terms.
Term Negotiation
Representing the client in negotiations with the other party to agree on fair and favorable terms.Proposing and negotiating amendments to the contract to address any concerns or protect the client’s interests.
Conflict Resolution
Identifying and addressing potential areas of conflict within the contract to prevent future disputes. Providing mediation services to resolve disagreements between parties during the negotiation process.
Final Draft Preparation
Making all necessary changes and finalizing the contract to ensure it accurately reflects the agreed terms. Allowing the client to review the final draft and providing explanations for any complex legal terms or clauses.
Execution and Formalities
Coordinating the signing process to ensure all parties sign the contract correctly. Managing the storage and distribution of the executed contract, ensuring all parties have access to a copy.
Why you Choose Kadira Estate Managment Agency
- Legal Assurance: Ensures that all contracts are legally binding and enforceable, minimizing the risk of future legal issues.
- Interest Protection: Protects the interests of all parties involved by clearly defining rights, responsibilities, and obligations.
- Risk Mitigation: Identifies and mitigates potential legal risks and liabilities before the contract is executed.
- Clarity and Transparency: Provides clear, unambiguous contract terms that facilitate understanding and compliance.
- Efficient Transactions: Streamlines the transaction process by ensuring all legal aspects are thoroughly addressed and documented.