It is essential for developers, investors, and owners to engage experts with knowledge and experience in dealing with the complex and evolving legal landscape of property development. From the acquisition of land to construction projects and compliance, property development solicitors offer advice, negotiation help, and administrative support at every stage of the project. They can ensure that individuals and companies working on the project avoid legal pitfalls to minimise financial risks and ensure it is completed on time. Read More
Our property development lawyers in Melbourne can offer legal assistance at any of these stages and situations:
Land sale and acquisition: Our solicitors assist developers and stakeholders in negotiating sale agreements, making certain that the terms are created in their best interests. They also conduct thorough environmental assessments and verify the property's legal title, confirming the land is suitable for the intended project before the sale is finalised. Our team brings substantial experience, including advising on a $300 million acquisition that added nine aged care facilities to a major healthcare conglomerate’s property portfolio.
Financing: If a developer is looking to secure a loan or receive financial contributions from investors, our property solicitors can draft agreements and establish legal due diligence.
Planning permission: Property development lawyers can help real estate developers obtain planning and building permission from local authorities, as well as environmental clearance. Our property director was also instrumental in securing critical infrastructure agreements for a major developer with the Port of Brisbane, opening new opportunities for cruise tourism expansion.
Construction contractual agreements: Our solicitors play an important part in the development of fair and transparent contractual terms and conditions for building contractors. They can help negotiate compensation, timelines, and responsibilities. When the terms are agreed upon before work on the development begins, there are fewer opportunities for time-consuming and costly disputes.
Regulatory compliance: Solicitors will make developers aware of the laws and regulations they must follow at every stage of the project. Anyone who manages property development schemes needs to adhere to environmental standards and ensure they take steps to protect the safety of workers and members of the public on and around the site.
Resolving disputes: Disagreements are common and can occur at any stage of or after the development project. Landowners nearby might wish to put a stop to the project if they feel that their well-being or their own land has been negatively impacted by the work going on. Another common property dispute involves the local council, which might believe that the project was not given full permission to go ahead before the work began. Property development solicitors can step in on their client’s behalf to negotiate and review terms to prevent the disagreement from escalating and achieve a fair resolution.
Why Hire Our Property Development Lawyers?
Melbourne offers developers and shareholders several great opportunities to make their mark in real estate. Our Melbourne lawyers at Velocity Legal have excellent knowledge of local zoning and planning obligations, and they are familiar with the challenges that developers come across within this vibrant city. They can help them navigate the complex legalities and ensure they receive the best support at every stage.
Whether you are managing your first large-scale development or expanding an established property portfolio, it is essential to have the right legal team on your side. Schedule a free 15-minute consultation with us today. Read Less