Legal Preparedness For Development Project Sale & Acquisition Transactions, Whole Loans and Existing Property Transactions.
To Expedite, shorten the time frame and increase the degree of certainty of arrival at conditional or unconditional legal completion of property development, Whole Loan or Property transaction we take the view that without exception a heightened state of legal preparedness always assist all the parties.
In respect to timely receipt of Whole Loans for property developers, it is prudent for the senior debt lender to have agreed the full and final content of draft Intercreditor agreement to be used with its current and/or future new junior co funders or a Platform where the junior funding is instead raised by means of crowdfunding.
At an even earlier stage in the process there should be full agreement of the full content of the draft Lockout Agreement to firstly affect exclusive purchase negotiations to be followed upon offer acceptance by signing of a suitable Purchase Option Contract that enable the developer to immediately incur the financial costs associated with making the loan applications to receive whole loan to conclude the purchase of the site or building having the comfort of having secured purchase exclusivity with the site or building owner.
Site and Building Sales & Acquisitions:
We seek solicitors to refer to site, building owners, to developers and/or to lenders, developers, junior funders or platform who seek to assist with more efficient timely property development transactions and legal completion of whole loans and draw downs of them to enable them.
Whole Loans or Joint Venture Developments
We seek solicitors with specialist loan experise to refer to to developers and/or to lenders,developers,junior funders or platform who seek to assist with more efficient timely completion of whole loans and draw downs of them.
New Homes and Existing Property Sales & Purchases.
Legal Preparedeness, the timing and the vendor or their solicitor obtaining property searches is a key component of assisting to de-risk transactions and reduce time frames of sales and purchases.