With the mind-boggling speed of construction in the UAE and emerging real estate legislation, quite naturally, property purchasers and sellers feel both anxious and insecure in real estate transactions. Specialized property projects demand a highly qualified legal team to help you meet the rapidly growing real estate market's challenges and optimize your success.
Whether you are the buyer, seller, lender or borrower, you want the assurance that no funds or property will change hands until ALL of the instructions in the transaction have been followed. Equilibrium Legal Consultants possess the competence and experience in securing real estate transactions through escrows.
An escrow is a deposit of funds, a deed or other instrument by one party to a third and neutral party, for assurance of delivery to another party upon completion of a particular condition or event by such other party.
We safeguard your funds and documents while they are in our possession and make sure that your property deal is secure until the escrow is closed. We oversee the strict following of the instructions given by the principals and parties to the transaction in a timely manner, handle the funds and documents in accordance with escrow instructions, and close the escrow when all terms have been met.
We recognize that complex real estate issues are multi-dimensional and often require resources and local expertise in many areas of the law. We build cross-disciplinary teams to work effectively and efficiently across borders, jurisdictions and practice areas, according to our clients' needs. We coordinate multiple efforts to handle and accomplish real estate assignments from our clients.
Our other real estate legal services include:
- Due diligence: checking the accuracy, reliability and authenticity of real estate documents
- Conveyancing: transferring the legal title in a property from one person to another, designed to ensure that the property buyer secures title to the land together with all the rights that run with the land
- Legal representation and documentation
- Legal counsel on property dealings with a complete assessment of and structure for the transaction
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