In Progress

Draft Nominee Clause for Sale Agreement of a Real Estate Property - Need legal consultation as well

Hi, I found a real estate property that is being sold for 80% of the market price. The owner needs 15% of the sale price immediately for his personal reasons & I have the funds ready to pay the 15% advance requested. Owner has given me 6 months time to pay the balance. However, i donot have the 80% & i donot wish to own the property. I just wanted to lock the property on my name so that I can resell it to some one at the original market price in the 6 months time & profit 20% from the transaction. The property will be registered on the new buyers name ( Can be multiple buyers as well, as it a decent size property. Will split the property into 4 parts if I get multiple buyers). So what should I mention in the sale agreement so that " 1) The Property is locked to me for next 6 months (exclusive sale agreement) 2) I should be able to choose the name of the buyer (or buyers) in the sale Deed ( i.e the owner should register the property to who ever I say). Also please suggest if I can take the sale agreement on my name or if i should incorporate an LLP or Pvt Ltd for this purpose

Skills: Legal, Contracts, Legal Writing, Legal Research, Real Estate

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About the Employer:
( 5 reviews ) Hyderabad, India

Project ID: #21338997

Awarded to:

adslegal

Hi, I am a Lawyer and have dealt with similar kind of issues in the past, I can advise you on the best possible legal way of doing this and can draft the clause/whole agreement. Please reach out so that we can discuss

$10 AUD / hour
(79 Reviews)
6.1

10 freelancers are bidding on average $13/hour for this job

gauravsaggi

Dear Sir/Madam, I have Completed 1010+ LEGAL projects on Freelancer related to CONTRACTS, PATENTS, TERMS OF SERVICE, PRIVACY POLICY, LEGAL RESEARCH and IT LAW. I have drafted a lot of customized real estate agreement More

$15 AUD / hour
(919 Reviews)
8.4
madhurna

Greetings! I am law graduate with ten years of experience in legal drafting for real estate transactions. Please PM to discuss. Thank you.

$27 AUD / hour
(75 Reviews)
6.3
RonaldBacani21

Hi dear client, In my 9 yrs of work experience as a store manager, i have been doing contracts and agreements to my customers like Memorandum of Agreements, Lease Contract, Deed of Sales, Promise to Pay agreement and e More

$8 AUD / hour
(0 Reviews)
0.0
$12 AUD / hour
(0 Reviews)
0.0
Stenoshubham

Hi, As an practicing lawyer from last 5 years in Allahabad High Court and Supreme Court of India, dealing with civil, criminal and service cases. also looking the cases of land disputes, working with some major land d More

$10 AUD / hour
(0 Reviews)
0.0
stellaBenka254

Passionate Human Resource professional with 5+ years working experience in managing people, policy and procedure development, implementation as well as providing operational and professional support in strengthening o More

$12 AUD / hour
(0 Reviews)
0.0
beyzainal91

I am willing provide legal advise to you. I can complete the work in 2-3 days... But first I need to know where the real estate is located..

$13 AUD / hour
(0 Reviews)
0.0
tktjfnz

Hello I am a New Zealand property lawyer so this is exactly the type of work I do. We will need to discuss this slightly more bit I suspect there will be no issues with what you plan on doing. Relevant Skills and Expe More

$12 AUD / hour
(0 Reviews)
0.0
akshayrsathe

I would like to seek an opportunity where tasks assigned are fulfilled by applying knowledge and expertise with highest quality.

$10 AUD / hour
(0 Reviews)
0.0