The real estate developer may be an expert in developing real estate projects but they need the help of lawyers to achieve this feat. Whenever there’s any real estate project is conceived there are so many factors that need to be considered that for a businessman it may not be possible to cover all on their own. There is a long list of approvals to be taken and far more regulation that needs to comply to complete a single project. Any real estate developer who fails to comply with the regulation will not only jeopardise the project but will be making a serious financial loss and can face legal implications. For instance, one of the complex steps for commencing the construction of any project is to get property development consent. The property development consent is comprised of multiple approvals from all the regulatory authorities that will have a direct influence on the project development. This is the reason that any renowned real estate developer always has lawyers to get the property consent otherwise they won’t be able to complete their projects. It is always advisable that you must hire an expert lawyer for property consent and hiding an expert will bring the following advantages to your site.
- Knowledge: When you are applying for property consent then the lawyer must have complete knowledge of the regulations and the law in the particular area. Like in Sydney, the regulations may be different from the Melbourne so the property concerned lawyer must have the right knowledge that is according to the law of Sydney to apply for the approval. Adding a knowledgeable lawyer will not only make your process easy but will ensure that your documentation will be as per law.
- Expertise: Getting property development consent is a specialized job. This means you have to hire an expert who has ample experience in property consent. They will ensure that the documentation will be according to regulatory compliance and they will prepare the contract that will safeguard their client. The right expertise is very important because in case if the property consent is delayed that will have a direct cost implication on the project’s health. The longer the project will be delayed due to the non-availability of property consent the cost of construction will increase.
- Handling dispute: During the process of property consent, there will be many incidents where there are disputes can arise between parties or a regulatory authority. The expert lawyer will have the right skills to diffuse disputes and avoid conflicts. The knowledge they have about the particular laws in a certain area will help them to overcome such conflicts that can affect the process of property consent. For example in Sydney, you are applying for property development consent and there is a dispute arises due to a change in environmental regulations. The lawyer will ensure that they will overcome this obstacle by making the case that will help their client to proceed with the approval.
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