ALEXANDROV&PARTNERS completed due diligence of a land plot located in Kyiv-Sviatoshyn District, Kyiv Region, in order to purchase the same for the purposes of constructing commercial property.
The audit was composed of several stages: inspection of grounds for acquisition of titles to the land plot, existence of any pending litigations, attachments and prohibitions, and provision of a legal opinion.
During the visual inspection of the land plot the experts of the company established that the land plot is located in the sanitary protection zone of village cemetery and that there is a billboard on its territory.
As the result of due diligence the client managed to assess all existing risks and certain concealed defects of property to be acquired, which affected both the price and the terms and conditions of further use of the land plot in order to carry out business activity.
The project was led by the Managing Partner, Dmytro Alexandrov, with significant support from Senior Associate, Vitaliy Yankovych.