Best Real Estate Contracts and Negotiations Lawyers in Sri Lanka

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C. Mathew & Co.
Colombo, Sri Lanka

Founded in 1892
200 people in their team
Sinhala
English
Tamil
About Us & Our History"Necessarily in connection with the shipping of so important a port as Colombo there is a large field for the business of ship chandlers and stevedores ; and Messrs. C. Mathew & Co., the leading local firm in this line, conduct operations on an extensive scale. This...
TRIVE LEGAL ASSOCIATES
Colombo, Sri Lanka

Founded in 2000
50 people in their team
Sinhala
English
Tamil
OverviewRanging from the work of an Instructing Attorney to fully fledged Counsel in the Courts of First Instance, Appellate Courts and any other for a. We also facilitate mediations, arbitrations, negotiations, settlementWe specialize in Company Law, Commercial Law, Intellectual Property, Shipping...

Founded in 2000
50 people in their team
Sinhala
English
Tamil
About UsPrasanna Karunasekara Law Chamber (PK Law Chamber) is a Law Chamber working with a team of highly skilled law partitioners. The rapidity with which, Prasanna Karunasekara Law Chambers (PK Law Chambers) has reached its goals, while offering a broad range of practice areas, we take pride in...
Nithi Murugesu & Associates
Colombo, Sri Lanka

Founded in 1962
200 people in their team
Sinhala
English
Tamil
Nithi   Murugesu   &   Associates   are   a   team   of   experienced   Attorneys-at-Law   and   Patent   & Trademark  Agents  who  specialize  in  all  areas  of  civil  and...
Colombo Law Alliance (CLA)
Colombo, Sri Lanka

Founded in 2012
50 people in their team
Introduction to CLAThe team at CLA brings together extensive experience and expertise in providing specialized legal services to a substantial network of clients both in the private sector and the public sector. These services are provided in connection with litigation, arbitration, negotiation of...
Julius & Creasy
Colombo, Sri Lanka

Founded in 1879
200 people in their team
Sinhala
English
Tamil
Our HistoryWith its near 140 year history Julius & Creasy is one of the oldest law Firms in Sri Lanka, while also being the largest. Its reputation is one that has been built on rich tradition as well as the caliber of professionals passing through its corridors.The beginnings of the...
Neelakandan & Neelakandan
Colombo, Sri Lanka

Founded in 1962
200 people in their team
Sinhala
English
Neelakandan & Neelakandan (formerly Murugesu & Neelakandan) is one of the leading and oldest full-service law firms in Sri Lanka and has been in practice for almost 60 years.The Firm was founded in 1962 by the late Mr. Velupillai Murugesu, and built to be recognised as one of the most...
Simon & Associates
Colombo, Sri Lanka

Founded in 2002
50 people in their team
Sinhala
English
Tamil
Simon & Associates is one of Sri Lanka’s leading legal firms, providing legal counsel and corporate secretarial services to portfolio consisting of local and multinational clients.Led by Simon Senaratna who brings substantial experience in the legal and business sectors, together with Nirosha...
Continental Law AssocIates
Colombo, Sri Lanka

Founded in 2000
50 people in their team
Sinhala
English
Tamil
ABOUT USEstablished in the year 2000, we take pride in our nearly two decades long legal practice providing feasible solutions to the legal needs of clients in a multitude of areas. The firm has had hands on experience, specializing in Commercial Law, Local and International Arbitration, Civil Law...
de Livera Associates
Colombo, Sri Lanka

Founded in 1872
200 people in their team
Sinhala
English
Tamil
HISTORY & LEGAL INSPIRATIONThe Firm of De Livera Associates was founded, by Solomon Christoffel Obeyesekere De Livera, popularly known as Christo De Livera, on his retirement from the Attorney General’s Department of Sri Lanka, having served for a period of about three decades and who on his...
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About Real Estate Contracts and Negotiations

Real Estate Contracts and Negotiations involve legal agreements related to the buying, selling, or leasing of properties. These contracts outline the terms and conditions agreed upon by the parties involved, including the purchase price, payment terms, property condition, and other relevant details.

Law in Sri Lanka

In Sri Lanka, Real Estate Contracts and Negotiations are governed by various laws and regulations, including the Land (Restriction on Alienation) Act, Apartment Ownership Law, and Registration of Title Act. It is essential to understand these laws to ensure that your real estate transactions are legally binding and protect your interests.

Why You May Need a Lawyer

You may need a lawyer for Real Estate Contracts and Negotiations in Sri Lanka to provide legal advice, review contracts, negotiate terms, resolve disputes, and ensure compliance with local regulations. A lawyer can help you navigate complex legal issues and protect your rights throughout the transaction process.

Local Laws Overview

Some key aspects of local laws relevant to Real Estate Contracts and Negotiations in Sri Lanka include property ownership restrictions for foreigners, registration requirements for land transactions, and regulations governing apartment ownership. It is crucial to consult with a legal expert to understand how these laws may impact your real estate transactions.

Frequently Asked Questions

1. Can foreigners buy property in Sri Lanka?

Yes, but there are restrictions on ownership of land by non-citizens. Foreigners can purchase apartments in approved condominium projects.

2. Do I need to register my property transaction in Sri Lanka?

Yes, it is mandatory to register property transactions with the Department of Land Registration to ensure legal ownership.

3. What are common issues in real estate negotiations in Sri Lanka?

Common issues include disputes over property boundaries, title defects, payment disputes, and breach of contract.

4. How can a lawyer help me in real estate negotiations?

A lawyer can provide legal advice, draft or review contracts, negotiate terms, resolve disputes, and represent you in legal proceedings if necessary.

5. What are the penalties for violating real estate laws in Sri Lanka?

Penalties for violating real estate laws can include fines, imprisonment, and invalidation of property transactions.

6. Can I negotiate the terms of a real estate contract in Sri Lanka?

Yes, parties involved in a real estate transaction can negotiate and agree on the terms of the contract, subject to legal requirements.

7. How long does it take to complete a real estate transaction in Sri Lanka?

The timeline for completing a real estate transaction in Sri Lanka depends on various factors, including the complexity of the deal and compliance with legal requirements.

8. Can I cancel a real estate contract in Sri Lanka?

Cancelling a real estate contract in Sri Lanka is subject to the terms and conditions outlined in the contract. It is advisable to seek legal advice before taking any action.

9. Are there any government bodies that oversee real estate transactions in Sri Lanka?

Yes, the Department of Land Registration and the Condominium Management Authority are responsible for regulating real estate transactions in Sri Lanka.

10. How can I verify the ownership of a property in Sri Lanka?

You can verify the ownership of a property by checking the Land Registry or conducting a title search with the Department of Land Registration.

Additional Resources

For further assistance with Real Estate Contracts and Negotiations in Sri Lanka, you can contact the Bar Association of Sri Lanka, Department of Land Registration, or consult with a qualified real estate lawyer.

Next Steps

If you require legal assistance with Real Estate Contracts and Negotiations in Sri Lanka, it is advisable to consult with a reputable law firm specializing in real estate law. A lawyer can guide you through the legal process, protect your rights, and ensure a smooth transaction.

Lawzana helps you find the best lawyers and law firms in Sri Lanka through a curated and pre-screened list of qualified legal professionals. Our platform offers rankings and detailed profiles of attorneys and law firms, allowing you to compare based on practice areas, including Real Estate Contracts and Negotiations , experience, and client feedback. Each profile includes a description of the firm's areas of practice, client reviews, team members and partners, year of establishment, spoken languages, office locations, contact information, social media presence, and any published articles or resources. Most firms on our platform speak English and are experienced in both local and international legal matters. Get a quote from top-rated law firms in Sri Lanka - quickly, securely, and without unnecessary hassle.

Disclaimer:
The information provided on this page is for general informational purposes only and does not constitute legal advice. While we strive to ensure the accuracy and relevance of the content, legal information may change over time, and interpretations of the law can vary. You should always consult with a qualified legal professional for advice specific to your situation. We disclaim all liability for actions taken or not taken based on the content of this page. If you believe any information is incorrect or outdated, please contact us, and we will review and update it where appropriate.