Real Estate

Main Contacts

Overview

Sarbu Partners’ lawyers have been providing specialized services for the Romanian real estate market for over 10 years, developing a client-focused practice that combines expertise in real estate law Romania, construction law, corporate law, contract law, public procurement, and administrative law.

Sarbu Partners’ lawyers have been providing specialised services for the Romanian real estate market for over 10 years, developing a client-focused practice that combines expertise in real estate law in Romania, construction law, corporate law, contract law, public procurement, and administrative law.
Acting as commercial real estate investment advisors, we guide both local and foreign clients throughout the entire process of real estate transactions in Romania.

Services we provide

· Verification of the legal status of buildings and land that are the subject of a real estate transaction;
· Negotiating and drafting contracts for real estate transactions and the sale and rental of real estate;
· Negotiating and drafting the necessary contracts for the realisation of a real estate commercial investment: financing contracts; contracting agreements; subcontracting;
· Due diligence procedures for compliance with legal requirements, such as: environmental, urbanistic, limits for public utilities, archaeological findings;
· Advice on compliance with the legal requirements for obtaining building permits and other necessary approvals;
· Negotiating and drafting construction contracts adapted to the specifications of the project;
· Assistance in obtaining collateral and securities and representation in disputes for enforcing non-performance securities;
· Assistance and representation in disputes regarding the building permit;
· Assistance and representation in disputes arising from breach of a real estate contract;
· Assistance and representation in disputes concerning the recovery of property rights.

Work Highlights in Real Estate

· Assisting a foreign real estate investor in setting up the legal form of partnership with the landowner to develop a common residential project worth over €10 million, drafting the cooperation agreement and consultancy regarding Landbook registration, construction authorisation and permits;
· Due diligence and assistance for a foreign investor regarding the developments of an industrial park in Romania, including drafting the rental contracts with the customers;
· Due diligence, assistance and drafting necessary documents for compliance with historical monuments limits and interdictions for a client acting in the hotelier sector;
· Assistance and representation in a connex litigation for a public institution regarding urbanistic, archaeological and legal requirements for obtaining the authorization and permits for its new research centre;
· Representing the developer of a €3 million industrial park in relation to the public authority during the process of obtaining the Zonal Urban Plan (PUZ).