How to avoind the pitfalls of Real Estate acquisitions?
Sophie Marquet and Alexia Delaunay from our Real Estate team presented this subject to a number of professionals and individuals during the STEP – Advising Families Across Generations conference.
Here are a two key points mentioned by our experts during the event, that must be taken into account:
- "When a potential buyer draws up an offer to acquire a real estate property, he shall ensure to include S.M.A.R.T. condition precedents, i.e, conditions that are Specific, Measurable, Attainable, Relevant and Time-bound"
- "When it comes to buying property, moving fast doesn't mean rushing. Bear in mind that even a two-page offer is binding and can determine the terms of the entire transaction"
