Property Acquisition Guide
STEP 1 - SELECT THE PROPERTY YOU LIKE or
describe what exactly you are looking for and let us find it for you.
Call us or send us an email describing your expectations and requirements
STEP 2 - REVIEW AND CONSENT TO LEE & BRONSKI’S TERMS & CONDITIONS
which is the actual agreement between you and your lawyers.
This Agreement will empower Lee & Bronski to make a reservation with the seller on your behalf
STEP 3 - BOOK THE PROPERTY AND REMIT THE 20% RESERVATION FEE
10% will be paid to the Seller (in case of concluding a sales contract, this amount will be credited towards the sale price, and in the event of failure to conclude a sales contract specified in the reservation agreement, it will be retained by the Seller due to our client’s fault). The remaining 10% will be credited to Lee & Bronski as remuneration for brokerage services and preparation of the entire sale transaction. The remuneration of our Company is 6-12%, depending on the property value, but no less than USD 12,000.
STEP 4 - SIGN THE POWER OF ATTORNEY
to let us represent you when concluding the property purchase transaction. After making the payment of the amount specified above and concluding the reservation agreement, we will send you the Power of Attorney which will allow us to represent you when signing the sales agreement and real estate purchase on your behalf. Please note that the real estate sales agreement MUST be concluded in the form of a notarial deed, otherwise it is null and void. You will therefore be asked to visit a notary or notary public in the country of your residence, sign the ready-made and translated documents in their presence, legalize them with apostille and post them back to our offices.
STEP 5 - REVIEW THE PROPERTY SALES AGREEMENT TOGETHER WITH LEE & BRONSKI'S LAWYERS
After receiving the power of attorney, our Company prepares or negotiates the content of your property sales contract.
STEP 6 - FINALIZE THE TRANSACTION, REMIT THE OUTSTANDING AMOUNT ON THE NOTARY'S ACCOUNTS AND BECOME THE PROPERTY OWNER
Lee & Bronski provide the customer with the bank account number on which the remaining part of the sales price should be deposited together with notary fees and other fees our customer is charged with as the Buyer. The funds should be credited to the notary's bank account at least 7 days before the date of the planned sales transaction. The money shall be secured on the escrow account of the notary who serves as a public official and represents a profession of public trust. The funds from this deposit bank account will be transferred only to the Seller and only after the conclusion of the real estate sales agreement. On the day of concluding the contract of sales, the notary shall electronically notify the authorities maintaining the real estate register to change the property owner to our client.