Purchasing real estate in St. Lucia is a solid investment in your future or the future of your business. Whether you are a foreign investor investing in a foreign country where you are unfamiliar with the protocols and legal regime, or a local, the property acquisition process can be a nerve-wracking experience.
To ensure that this important transaction takes place smoothly and without unnecessary delays, you will want to perform due diligence in researching the asset’s title. A St. Lucia lawyer could help you determine the legal status of a property and prepare the necessary documents to ensure that a clean and clear title is transferred at completion.
An experienced legal professional will guide you on the investment process in St. Lucia and clearly explain all the steps involved. This also includes providing you with an engagement agreement that clearly sets out the services to be undertaken, expectations on the attorney-client relationship, and the fees and expenses associated with the engagement.
The starting point to any property purchase is the title to the property. An initial step that any party should take before purchasing property is researching the title. This can give a potential buyer peace of mind concerning the seller’s ability to transfer the asset free and clear.
Titles represent a seller’s current ownership and ability to sell a property. Possible buyers may inquire with the St. Lucia Land Registry to determine the current owner of an asset, and whether there are any liens or other financial hindrances present. This title research process is made easier with the guidance of a credible St. Lucia attorney. Athena Law’s Principal Attorney could perform the preliminary steps involved in researching an asset’s history and current status to ensure a smooth transaction.
Conveyance of property typically occurs by a Deed of Sale or Deed of Transfer executed between the seller and the buyer before an Attorney at Law in Saint Lucia. A proficient St. Lucia attorney could help perform a property title transfer to ensure that you have a clear title on completion.
Athena Law could draft the new document, guide an owner through the notarization process, and register the new deed with the Land Registry.
Any person or business considering the purchase of property should first research the current owner’s title and deed status. Athena Law is prepared to offer this guidance, as well as address any additional needs that might arise regarding your commercial or residential real estate transaction or business contracts. With extensive experience in commercial law, real estate, estate planning, and investor negotiations, we are confident that our Principal Attorney can provide you with the service you need.
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