Real Estate

LISORBIS have experience team of lawyers who are involved in many areas of real estate law throughout Pakistan.  We handle all types of transactions from a contract of sale, lease agreement, mortgage, development, construction and many other complex matters that occur during a real estate transaction. We realize that the purchase of a home or a piece of land may be the largest investment our individual client will ever make and we strive to get them into their new property with a minimum risk of any dispute. Seeking advice of an experience lawyer before entering into a real estate transaction often prevents problems that might not be apparent to someone without a legal background. We work with developers, investors, brokers, residential and commercial owners and we know well how things work.

LISORBIS has competent and experienced professionals in the areas of residential, commercial and industrial real estate law. Our team can advise you on minor residential disputes to complex commercial issues. If you are looking for a secured deal and a preserved profit; and want to avoid a pitfall and resolve disagreements, we provide real solutions. Our scope ranges in various areas including: 

• 1. Title disputes
  2. Contract breaches
  3. Drafting or review of residential or commercial contracts
  4. Easement rights 
  5. Foreclosures & redemption
  6. Evictions or avoiding illegal dispossession
  7. Rescission of contracts 
  8. Real estate transactions &  real estate litigations
  9. Landlord and tenant issues
  10.  Real estate frauds
  11.  Commercial lease disputes 

Further detail of some of our Real Estate related services is as follows:

ASSISTING REAL ESTATE PROFESSIONALS:

We assist real estate professionals whether they are commercial, residential, or industrial agents, to successfully close a challenging real estate transaction or to avoid or resolve a litigation claim involving their sellers, buyers, lenders or borrowers. A realtor that may be concerned that he or his client may be sued by an individual, he may benefit from a meeting with one of our lawyers for a reliable, efficacious and most importantly an affordable advice. 

FRAUD AND MISREPRESENTATION:

Buyers and sellers of real estate often find themselves parties to claims of fraud or misrepresentation against the other. These claims frequently arise where, for example, a buyer claims that a seller failed to disclose material aspects of a home’s condition. Our firm is experienced in both prosecuting such claims on behalf of buyers, and defending such claims on behalf of sellers.

We are able to identify pitfalls in asserting such claims, or, if a claim has been asserted against a seller, identify potential defenses against such claims. We can also provide sound and practical advice regarding the nature of damages that can be expected in these types of disputes. One area in which our firm is especially useful is in reducing the likelihood of or enhancing the probability of succeeding in such claims. 

LANDLORD AND TENANT DISPUTES:

LISORBIS has a vast experience in defending both landlords and tenants in real estate disputes. We provide representation to protect the landlords’ rights while maximizing their profit for both residential and commercial properties. In the eviction process, our experienced team of lawyers complies, both substantively and procedurally, with all applicable laws, thereby avoiding delays, unnecessary expense, and possible liability on the landlord for wrongful eviction. On the other hand, LISORBIS also provides representation to protect the tenants’ rights in situations where they are facing unwarranted eviction, disconnection of the utility services, harassment by the landlord, illegal dispossession from the rented property or other legal disputes arising out of the tenancy agreement.

We can guide you in the lease preparation process from beginning to end, whether for landlord or tenant, sole proprietor or major company, a few hundred feet or a major commercial lease. The meticulous drafting and skillful negotiation, of a lease requires specific knowledge of the clients’ objectives to build an open and effective Landlord-Tenant relationship.

No matter how detailed a lease is or how thoroughly it was developed and reviewed, disputes often arise concerning the provisions of the lease. We analyze our client’s objective and then thoroughly chart the path to make sure our client’s ultimate goal is met. This includes commercial disputes involving enforcement of exclusive use provisions, commercial unlawful tenant disputes, property management, tenant improvement issues, sub-leasing, Common Area Maintenance, brokerage agreements, and more.

LENDER AND BORROWER ISSUES:

In today’s economy, few legal subjects receive more attention than the remedies available to lenders and borrowers when real estate loans go into default. For over eight years, we have advised lenders regarding loan workouts, loan modifications and foreclosure. Over the same period, we have advised borrowers regarding these same topics, as well as foreclosure avoidance measures.

SALE AND PURCHASES CONTRACTS:

We believe that proper planning and precise contracts help avoid many business disputes and ultimately save time and money of the parties. When it comes to purchase and sale agreements, we have extensive experience to make sure that no loophole is left in the agreement to mitigate any possible risk of future complication. We commonly litigate these claims and understand the intricacies, we take every step necessary to protect your interests. The common disputes may include specific performance of agreements through Court of law, disputes concerning sale deposits, broker and agent representation disputes, recovery of the sale consideration and more. It is possible that something may go wrong with the sale and purchase of the property, such as ban on transfer of the property due to structural violation, pendency of dues or last minute title problem, which may jeopardize a closing. Our principal goal is to help our client complete the transaction without any hindrance and future complication. 

We work in the acquisition and sale of both residential and commercial properties. This includes negotiation, drafting, and execution of a purchase and sale contract, overseeing due diligence, as well as coordination with lenders, brokers, and title companies. We offer as much or little advice necessary, to effectively resolve issues in a cost effective manner. We strive to ensure title is passed in a timely manner without an unexpected surprise and excess expense to all involved parties.

Usually dispute arises between a buyer and seller when one of the parties assert claim of breach of contract against the other. This can also arise in the context of a failed transaction, in which the seller has declined to perform his part of contract, and the buyer sues to enforce the contract or seeks damages, or where the buyer has refused to complete the transaction after the contingencies have been met with by the seller. Our firm provides practical advice on how to avoid such disputes, or, if a breach of contract claim arises, how it can best be asserted or defended, depending on whether the client is a buyer or seller. We also provide clients with advice on how such claims are best avoided, so as to achieve the best possible outcome at the lowest possible cost to the client.

TITLE AND PARTITION DISPUTES:

In property ownership disputes, we have experience in helping our clients resolve disputes concerning title to a property. These disputes often arise when a third party interest is created in a property through contractual transaction or inheritance. 

Whether it is a building, house, plot or a piece of land, a law suit filed by LISORBIS on behalf of our client will clarify exactly to whom a property belongs.  Another very common dispute faced by owner of real estate is partition of the property; which most of the time arises when one of the co-owners tries to posses and utilize better portion of the property or denies to handover to another co-owner whatever he is entitled to hold on to.  We may bring a title and partition suit, to help resolve these disputes. In these matters, we take all appropriate steps to make sure our client’s interest in the property is protected, which often includes recording a lis pendens or stay order on the property at the record keeper’s office. In addition, we actively pursue settlement of these disputes to help avoid costly court costs and receiver costs.

DAMAGES ON ACCOUNT OF NONDISCLOSURE:

We have experience in representation of clients with actions against the sellers of real property arising out of the seller’s failure to disclose defects in the real estate property that the seller sold. We investigate the nature of the problem, help our clients understand the cost to fix it, and then actively protect our clients rights. If a buyer discovers a defect in the property and the buyer thinks that the seller knew about the defect, the buyer may be entitled to damages for the seller’s failure to disclose. However, so long as the defect is disclosed in writing, there is often no liability for the defect. Depending on the time of the disclosure, the buyer may be entitled to damages for the seller’s failure to disclose.