Real estate transaction support in Lviv O'LAW

Sale-Purchase Turnkey: An Attorney Accompanies From Decision to Keys

Turnkey support
Due diligence
Contract review
Secure payments
Notary presence

Buying or selling real estate is the most expensive transaction in most people's lives and a key operation for business. The Lviv market is saturated with offers: from Austrian-era villas on Lychakiv to modern penthouses and commercial spaces in new constructions of Sykhiv and Bryukhovychi. Along with offers, risks grow: fraudulent schemes, legally «dirty» objects, abusive contracts, payment problems.

Are you ready to risk hundreds of thousands of dollars relying on the seller's word or a realtor's superficial check? O'LAW attorneys provide full legal control of the deal — from the moment of decision on a specific object to receiving keys and registering ownership in the State Register. Information is current as of 2026.

Realtor vs Notary vs Attorney: Who Is Responsible for What

A common misunderstanding: «I have a realtor and a notary — why do I need a lawyer?» Let's look at the roles of each transaction participant:

What they do Realtor Notary O'LAW Attorney
Whose interests they represent Seller's (who pays commission) Neutral — no one's Exclusively the client's
Deep history verification No — only a basic extract No — only at the moment of deal 10+ years retrospective
Contract terms negotiations Pressure to close the deal Does not negotiate terms Negotiates safe terms
Legal liability None for object cleanliness For proper formalization For legal quality of support
Payment control No Records payment fact Organizes secure scheme

6 stages of turnkey transaction support

We accompany you at every step — from the first contact with the seller to registration of ownership transfer in the state register:

1

Object due diligence

Verification through state registers: chain of ownership, encumbrances, seller, registered persons, risks under Art. 215 Civil Code (declaring deal invalid). Written opinion.

2

Negotiations with seller

Discussing terms: price considering identified risks, deal timing, payment structure, list of documents, parties' liability.

3

Advance contract

Preparation or review with safe terms: deposit return if new problems found, possibility of timeline extension, clear exit procedure.

4

Main contract

Review and edits: removal of abusive clauses, addition of guarantees (no hidden co-owners, no registered persons, apartment condition), coordination with notary.

5

Secure payments

Selection and organization of the scheme (bank safe deposit box, escrow, letter of credit, or supervised cash payment), payment document verification.

6

Notarial deal

Physical presence of attorney, final document check at notary, control of ownership transfer registration in State Register. Key handover.

Legal framework for real estate deals

Art. 657 of Civil Code of Ukraine — mandatory notarial form of real estate sale-purchase agreement; Art. 220 of Civil Code — non-compliance with notarial form makes the deal null and void; Art. 215, 216 of Civil Code — grounds for declaring deals invalid; Art. 4 of Law «On State Registration of Real Property Rights and Their Encumbrances» — moment of ownership rights emergence; Art. 570-571 of Civil Code — deposit and its return; Art. 65 of Family Code — spousal consent; Art. 172-173 of Tax Code — taxation of income from real estate sale.

Secure payments — the critical moment of the deal

The moment of money transfer is the most vulnerable point of the deal. The contract is signed, but funds haven't yet transferred to the seller — or funds are transferred but registration of rights transfer is blocked. This is where problems most often occur. O'LAW attorney selects the scheme for your specific case:

4 secure payment methods

🏦 Bank safe deposit box

Funds are stored in the bank's safe. Seller collects only after presenting a registered sale-purchase agreement. Most popular option in Lviv.

📊 Escrow account

Separate bank account with conditions: automatic transfer to seller after conditions are met (rights transfer registration).

📝 Letter of credit

Bank guarantees money transfer to seller after conditions are met. Legally reliable form, common in commercial deals.

💵 Cash with supervision

If unavoidable — attorney organizes bill authenticity check, secure room in bank, notarial acceptance-transfer act.

Types of deals we support

  • Apartment sale-purchase — most common case: new construction, secondary, «eOselia» state program
  • Private house with land plot sale-purchase — double verification (house + land)
  • Commercial real estate sale-purchase — offices, warehouses, retail spaces (special attention to designated use)
  • Land plot sale-purchase — critically important designated use and restrictions
  • Real estate donation — tax consequences optimization (1st-2nd degree relatives = 0% tax)
  • Real estate exchange — valuation of both objects, taxation of the difference
  • Lifetime maintenance agreement — guarantees for both parties, contestation risks by heirs
  • Share separation in common property — preemptive purchase right (Art. 362 Civil Code)
  • Property division between co-owners — after divorce, inheritance, partnership termination
  • Mortgage deals — additional layer: credit agreement review, control of «purchase-mortgage» link

Why support is worth its cost

Support cost — a small fraction of the deal

Legal support costs less than 1% of real estate value. It's a one-time expense that pays off with a single risk eliminated.

Cost of mistake — up to 100% of funds

Contested deal 3 years later, appearance of hidden heir, frozen bank mortgage, property seized for third parties — typical losses are tens of thousands of dollars and years of court proceedings.

Who needs transaction support

  • First-time apartment buyers — no experience, risk of mistakes is maximum
  • Mortgage buyers — additional layer of documents: credit agreement, pledge agreement, risk of bank blocking
  • Buyers of expensive objects — each extra risk costs more
  • Buyers from abroad — limited stay in Lviv, need to manage everything efficiently
  • Buyers through power of attorney — increased fraud risk
  • Sellers — tax optimization, safety of receiving funds, protection from contestation
  • Parties to exchange, donation, share separation — more complex legal constructs than simple sale-purchase

Frequently asked questions

Order transaction support before signing the deposit

The ideal moment to engage is before paying the deposit. O'LAW attorney joins in, prepares a safe advance contract, and runs the deal all the way to the keys.

Preparing for a deal?

Order O'LAW support and be sure: the property will become your fortress, not a problem. The attorney is with you from advance to keys.

Order transaction support

Describe the situation: buying or selling, object type (apartment, house, land, commercial), what stage the deal is at. An O'LAW attorney will contact you within 30 minutes during business hours.

O'LAW real estate transaction attorney in Lviv