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Defects in real property can cause property owners considerable loss of money. This is why it important to seek the help of experts when and if there is any suspicion defects in real estate, irrespective of whether the defect is in a new or older property.
Each property defect case is unique as many complicated issues may arise from them. There are a number of measures that property owners can employ when defects in their property come to light. These include settlement proceedings, the use of cancellation rights, claims for remedial measures, claims for discounts, claims for damages or the rescission of the agreement. It is extremely important, therefore, that property owners obtain expert advice to guard their interests in such circumstances.
The employees of galli.is are attorneys with specialist knowledge on guarding interests relating to property cases, have extensive experience in evaluating the rights of the parties, explaining the issues in plain language and providing quality consultancy services.
Prospective clients are advised to collect all pertinent documentation and to bring these to their first meeting with experts or to send such documentation to us electronically. It is a good idea to bring all documentation relating to the property transaction in question, such as sales summaries, purchase offers, purchase agreement, transfer of title, communications between the parties concerned (buyers/sellers) and/or estate agent as appropriate. Access to all documentation early in the process will make it easier for us to evaluate the position of the property owner in question and provide advice on any options, i.e. whether there are grounds for further investigation or particular actions. Property defect cases are characterised by how important it is to respond as soon as possible, otherwise there is a risk that interests will be lost.
Lúðvík Bergvinsson
Attorney
Sigurvin Ólafsson
Lawyer
Þóra Gunnarsdóttir
Office Manager