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Real Estate Due Diligence in Norway

Real Estate Due Diligence in Norway

Updated on Tuesday 02nd May 2017

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Through the procedure of real estate due diligence our lawyers in Norway offer a detailed evaluation of properties which interest investors for buying or renting. If you intend to purchase real estate in Norway, or to ensure office space to your Norwegian business, then it is recommendable to employ a local attorney for a throughout analysis of the present condition and legal history of the property
 

Why perform a real estate due diligence in Norway?

The Norwegian real estate market is at the moment in a growth phase with high demand and adequate response from the real estate developers. The buyer may employ a due diligence service which will identify for him the eventual hidden risks behind the sell advertisement of a property. Our Norwegian lawyers can perform as well an analysis of the ownership documents of the property and a check in the Norwegian legislation regarding inheritance in order to make sure that your investment is a safe one. 
 
Depending on the options of the client a due diligence service in Norway can in certain conditions present as well an overview of the surroundings of a property. A green environment and a safe city area may be important factors in the calculation of the worth of a property. Moreover, additional spaces such as garages or gardens need sometimes a professional analysis in terms of value and legal status. Our lawyers can provide due diligence services for residential as well as commercial properties.  They can also perform a company due diligence procedure for clients interested in buying a Norwegian company or merging with one. 
 

How do our Norwegian lawyers carry out the real estate due diligence procedure?

The real estate due diligence procedures in Norway imply a series of steps in which our Norwegian lawyers can investigate in detail the properties’ documents and its legal status. One of the main aspects in the focus of our consultants is whether the seller is involved in cases of bankruptcy or if the documents have authorised certification. Our attorneys can as well verify whether the seller has any criminal record or has been involved in litigation procedures with the Norwegian courts. 
 
Especially if you intend to carry out an important real estate transaction, our law firm in Norway can provide a complete real estate due diligence service in order to determine the value and the flaws of the property of your choice. 
 
You can contact our law firm in Norway in order to determine whether the property acquisition is a good investment for the future. 
 

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