Best Real Estate Due Diligence Lawyers in Colombo

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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...
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...
ATD Legal Associates

ATD Legal Associates

1 hour Free Consultation
Colombo, Sri Lanka

Founded in 1976
10 people in their team
English
Sinhala
Chinese
 Welcome to ATD Legal Associates Innovative Legal Solutions for a Digital and Global EraAt ATD Legal Associate  we specialize in navigating the complexities of modern legal landscapes. From safeguarding your intellectual property to ensuring compliance with international data privacy...
Gregory's Partners
Colombo, Sri Lanka

Founded in 1970
200 people in their team
Sinhala
English
Tamil
AboutThe Sri Lankan economy and therefore its legal system has traditionally been influenced by the island’s colonial past. Thus, the legal profession in Sri Lanka was traditionally divided into two fractions based on functionality influenced by a similar divide in the English Legal system.The...
Melgate International (Pvt) Ltd
Colombo, Sri Lanka

Founded in 2000
50 people in their team
Sinhala
English
Tamil
WELCOME TO MELGATEWORK WITH IMMIGRATION ATTORNEYS & LEGAL EXPERTSMelgate is a specialized Immigration Law firm providing a full range of immigration services in your quest to migrate Canada, Australia, NZ, UK, USA or EU countries temporary or permanently and the firm has a global reach in vary...
A WIJESINGHE CHAMBERS
Colombo, Sri Lanka

Founded in 2008
5 people in their team
English
Sinhala
Tamil
We are a professional team offering a broad range of services tailored to both businesses and individuals. Our expertise spans legal, corporate, and advisory areas, ensuring that clients receive comprehensive solutions suited to their unique needs. Specializing in company secretarial services,...
DIMEAN LAW CHAMBERS
Colombo, Sri Lanka

Founded in 2000
50 people in their team
Sinhala
English
Tamil
DIMEAN is a premier law firm based in Colombo, Sri Lanka. We aim to provide a personalized service tailored to the specific requirements of our clients. Our attorneys aim to provide innovative legal solutions in various disciplines.DIMEAN is established by a blend of young...
Nithya Partners
Colombo, Sri Lanka

Founded in 1997
50 people in their team
Sinhala
Tamil
English
INTRODUCTIONNithya Partners was established in 1997 with the goal of delivering a modern and responsive service in corporate and financial law. The Firm is led by a group of Partners who combine a unique blend of multi-disciplinary experience along with an extensive knowledge base of several years...
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 Due Diligence Law in Colombo, Sri Lanka:

Real Estate Due Diligence refers to the process of thoroughly investigating a property's legal and financial aspects before entering into any real estate transaction. In Colombo, Sri Lanka, Real Estate Due Diligence is governed by specific laws and regulations to ensure transparency and protect the interests of all parties involved. It involves conducting a comprehensive review of property documents, titles, permits, and other relevant legal requirements.

Why You May Need a Lawyer:

Seeking a lawyer specializing in Real Estate Due Diligence is highly recommended to navigate through the intricacies of property-related legal matters in Colombo, Sri Lanka. You may require legal assistance in the following situations:

  • When purchasing or selling a property
  • When leasing or renting a property
  • When conducting a comprehensive evaluation of property documents and titles
  • When dealing with property disputes or litigation
  • When seeking guidance on local laws and regulations related to real estate transactions

Local Laws Overview:

In Colombo, Sri Lanka, several key laws and regulations are particularly relevant to Real Estate Due Diligence. These include:

  • The Land Development Ordinance
  • The Registration of Title Act
  • The Apartment Ownership Law
  • The Urban Development Authority Act
  • The Notaries Ordinance

These laws dictate the requirements for property registration, ownership transfer, land use, and other aspects relevant to Real Estate Due Diligence in Colombo, Sri Lanka.

Frequently Asked Questions:

1. Is Real Estate Due Diligence mandatory when buying a property?

While Real Estate Due Diligence is not legally mandatory in Colombo, Sri Lanka, it is highly recommended to ensure a smooth and secure property transaction. It helps identify any potential risks, legal issues, or discrepancies with the property.

2. What documents should I review during the Due Diligence process?

During Real Estate Due Diligence, you should review essential documents such as the property title deed, ownership history, survey plans, building permits, environmental clearances, encumbrances, and any legal agreements related to the property.

3. How long does Real Estate Due Diligence usually take?

The duration of Real Estate Due Diligence can vary depending on the complexity of the property and the availability of relevant documents. It typically takes a few weeks to complete, allowing sufficient time for a thorough investigation.

4. Can a lawyer assist with title verification?

Yes, a lawyer specializing in Real Estate Due Diligence can assist with verifying the property's title through a meticulous examination of relevant documents, ensuring the title is free from any claims, disputes, or defects.

5. What happens if issues are discovered during Due Diligence?

If issues are discovered during Real Estate Due Diligence, a lawyer can advise on the appropriate steps to take. This may include negotiating with the opposing party, seeking remedies, or terminating the transaction to protect your interests.

Additional Resources:

If you require further information or legal assistance related to Real Estate Due Diligence in Colombo, Sri Lanka, the following resources may be helpful:

  • Colombo Municipal Council
  • Ministry of Lands and Parliamentary Reforms
  • Sri Lanka Bar Association
  • National Building Research Organization (NBRO)

Next Steps:

If you need legal assistance or have specific questions regarding Real Estate Due Diligence in Colombo, Sri Lanka, it is advisable to:

  • Research and select a reputable lawyer specializing in real estate law and due diligence.
  • Reach out to the lawyer to request a consultation to discuss your situation and obtain legal advice.
  • Prepare the necessary documents and information required for the consultation.
  • During the consultation, provide details of your real estate transaction and any concerns you may have.
  • Follow the lawyer's guidance and instructions to ensure a comprehensive and legally sound Real Estate Due Diligence process.
Lawzana helps you find the best lawyers and law firms in Colombo 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 Due Diligence, 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 Colombo, 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.