If you have any property in dispute, either because you have it for rent or for some other reason, this information on transactional agreements can be very useful for you.
Do you know all the benefits they have and the problems that you can save by having one?
Next, we will tell you the main reasons and advantages for which having developed a transactional agreedment for real estate can save you countless hassles and help you eliminate legal lawsuits for the dispute of your property.
In short, a Transactional Agreement is a contract by which the parties, making reciprocal concessions, terminate a present dispute or prevent a future one. By formalizing the contractual relationship, future disputes regarding the occupation of the property are prevented.
The Transactional Agreement helps you achieve judicial validation of the content of the agreement through a final judgment. With this, it significantly shortens the times of recovery of possession of the property (which in the past, spent more than forty months without recovering it) in addition to giving you the opportunity to demand in the ordinary way the recovery of possession for breach of the contract celebrated.
Its fulfillment is binding on both parties, both for the party that owns the property and for the occupying party. As it has legal authority, a Transactional Agreement leads to immediate judicial execution, and in case of non-compliance with the sentence, it will be carried out orally.
Return of possession of the property in a period of no more than three months. No more no less.
A Transactional Agreement will give you protection when you put your properties up for rent, as it will guarantee that all parties comply with the agreed terms of payments, occupation time, use of additional services, among other things. This way you will be more confident that your contract must be carried out to the letter and if not, the law will give you the necessary protection of your rights.
So remember: PREVENT is better than REGRET.
At Defend Abogados ®, this phrase is not only a principle for us, it is also a value throughout our corporate culture. Therefore, we are interested that your economy and your future are not affected by a single controversy or legal problem.
In the words of our Legal Director:
"We firmly believe that prevention in the framework of our professional practice is of transcendental relevance, and in a responsible way we want to permeate this information to the real estate sector"
For this reason, Defend Abogados ® is a law firm dedicated to providing you with real solutions, in helping you solve and prevent legal problems so that you only focus on moving your business and your personal interests forward.
We help you make the Transactional Agreements you need! Contact us, and let us help you.
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