NOVE’s attorneys have extensive expertise and practical experience in preparing, negotiating and advising on transactions involving the purchase, sale, development and lease of real estate, as well as in resolving real estate disputes and resolving issues arising in the course of transactions.
In relation to real estate, we assist our clients with:
- Select the optimal transaction and financing structure
- Draw up the necessary contracts for the acquisition/lease of real estate and establish the companies required to carry out the transaction
- Conducting legal due diligence (LDD), negotiating transactions (including large commercial properties)
- Drafting and negotiating the necessary contracts for the use/acquisition of real estate (rent, lease, building rights, easements, etc.) (e.g. commercial premises, restaurants, forest land, mines, etc.)
- Representing the client’s interests and rights in civil disputes relating to real estate, public procurement disputes, including arbitration proceedings
- Design and select approaches in relation to buyouts, profit distributions, compensation, investor preference rights and returns, and other related matters
Real estate team members:
Urmas Volens (team leader and contact person)
Indrek Niklus
Heili Püümann
Marika Mugur
Kristiina Koll
Madis Abel
Sten Tikerpe
Karolyn Krillo
Rainis Loit
Our portfolio includes:
- Drafting of typical booking, sales and rental contracts for Solid House real estate agency
- Advising Rimi Eesti Food on the purchase and lease of a shopping centre
- Developing the structure of the acquisition transaction of Hotel Pärnu and legal advice on the acquisition transaction
- Advising the Estonian Artists’ Union on real estate development and lease agreements
- Drafting and advising on lease agreements for Coop Põlva Consumers’ Association
- Drafting and advising on the lease agreement between the Republic of Estonia and the Kultuurikatel
- Drafting a standard lease agreement for Nehatu Technopark.
- Advising Vaba Lava SA on rental agreements
- Advising and drafting lease agreements for Port Artur Haldus OÜ
- Drafting of standard sales and rental agreements for large property developers
- Successful representation in more than thirty disputes relating to the purchase, sale and lease of real estate properties