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Overseas Property
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| Foreign property dealings |
MBS has a unique practice specialising in all dealings with
overseas property transactions, such as the following non-exhaustive
list:
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- Acquisitions (purchases).
- Disposals (sales, transfers in whole or part interests).
- Acquisitions and disposals relating to real property in deceased
estates.
- Leases and licenses.
- Mortgages, securities (registration and discharge) and refinancing.
- Appointment of overseas lawyers, notaries, tax agents, accountants
and other professionals.
- Establishments of companies and other corporate vehicles and trusts
in foreign jurisdictions to acquire, obtain security (mortgages and
charges etc.) and dispose of real property.
- Full services for conveyance and property management, including
correspondence in
foreign
languages, notarial services for overseas powers of attorney, other
documents and instruments and guidance throughout the entire negotiation
phase and the transaction.
- All aspects of foreign and Australian property litigation and arbitration.
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| French property |
Michael Bula is recognised as an expert in French property
matters and receives referrals from French diplomatic and consular posts in
Australia, law firms and accountants, amongst other sources.
Communication is in French with necessary translations carried out in-house
by the firm
Traductions Françaises (French Translations). |
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He has written a French property booklet (available
for sale) and is often invited to make presentations to interested purchasers
of French property.
MBS guides prospective purchasers as well as vendors through the entire
property transaction process. |
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| Conferences |
MBS organises conferences and information evenings on legal aspects of acquisition and sale of French property. Register now on the waiting list by clicking here. |
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| Italian property |
Fluent in Italian, Michael Bula is also registered as a Barrister
and Solicitor and Notary Public with the Italian Consulate General and
provides full services for dealings in Italian property including in-house
translations by
Corporate
Language Communications. |
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| Conveyancing
process |
Foreign property transactions are based on comparative law (between
the foreign jurisdiction and Australia), foreign law and private and public
international law. MBS's role, without being specific may include
the following:
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- Full client representation.
- Beneficial and objective advice relating to the transaction.
- Examination of the contract documentation with advice and negotiation
services in
foreign
languages, prior to signing the contract.
- Full notarial services in the
foreign
language for powers of attorney and other deeds required in the
foreign jurisdiction.
- Liaison and instruction to overseas legal agents to deal with all
issues relating to documentation, law, advice, settlement and post-settlement
issues, including tax, property management and wills and estates.
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Legal
Agents
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MBS has an extensive network of agents
to assist you in property transactions in most offshore jurisdictions,
due to our knowledge of foreign (local) law, comparative legal systems
and international law. |
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