Best Real Estate Due Diligence Lawyers in Colombo

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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...
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...
Layards and Stuart
Colombo, Sri Lanka

Founded in 2000
50 people in their team
Sinhala
Tamil
English
Who we are and how we workLayards & Stuart is a law firm based in Colombo, Sri Lanka providing quality legal advice, solutions and representation to both local and international corporate clients. Our experience in cross-border and emerging economies gives us the market perspective to be your...
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...
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...
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...
Paul Ratnayeke Associates
Colombo, Sri Lanka

Founded in 1987
50 people in their team
Sinhala
Tamil
English
Paul Ratnayeke AssociatesPaul Ratnayeke Associates was founded in 1987 by its Senior Partner, Mr. J. H. Paul Ratnayeke to create a more focused, efficient and responsive practice in the fields of Corporate, Commercial, Litigation and Financial law.The firm ensures that all clients’ legal needs...
Invictus Law
Colombo, Sri Lanka

Founded in 2000
50 people in their team
Sinhala
English
Tamil
Invictus Law is a modern and progressive law firm providing a comprehensive range of legal services and solutions for both domestic and international clients.We pride ourselves in providing timely, practical & commercially sensible solutions to our clients and we specialize in multiple fields...
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...
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...
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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.
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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.