Real estate & construction law

Let's talk

The real estate (RE) and construction sectors are among the main indicators of a country’s economic situation. Recently, in Lithuania the sector has experienced a real roller-coaster ride from disruptions in raw material supplies and prices, spikes in demand, disputes between developers and contractors and subcontractors over project delays, and new directives on sustainability. However, with proper risk assessment and legal preparedness, market players can not only avoid mistakes but also gain an advantage in the market.

We advise businesses and individuals on real estate matters at all stages of development: from design and property development, through to the drafting of preliminary and main contracts for the sale and purchase of real estate, commercial or residential leases, sale-leaseback or joint venture transactions.

In the construction sector, we have a time-tested track record in representing a wide range of construction industry players: contractors, investors, clients and other construction industry players. Contracting and subcontracting, drafting of design and construction contracts, warranties and liability issues are just some of the areas where our experts can provide valuable advice. In addition, we assist clients with legal analyses and solutions in the areas of site redevelopment, spatial planning, public procurement in the construction sector and similar matters.

With a deep understanding of all stakeholders’ priorities in this market, we stand prepared to partner with you throughout the project and to manage any risks that may arise.

Drafting of contract agreements

According to Prevence experts, the success of a construction project relies significantly on effectively negotiating the terms of the construction contract and ensuring a balanced agreement between the involved parties. Therefore, whether you are contracting under the standard FIDIC conditions or under individually negotiated project conditions, we always recommend consulting experienced lawyers before concluding a contract.

It is essential to clearly define the scope of the works, the schedule of the project works, how changes to the scope or schedule will be managed and priced, the conditions of the performance guarantee, and the liability of the parties in the contract.

We will take care of all the legal aspects of your project, ensuring speed and quality.

Spatial planning

From a legal perspective, spatial planning comprises regulatory processes aimed at achieving coherent and sustainable development of territories and reconciling public and private interests. This includes land-use planning, urban and architectural planning, regional planning and environmental planning.

We help our clients understand the basic general principles of special spatial planning, prepare all the necessary documents, and represent them during the planning procedure. We also advise clients on land use change.

With the constant changes in the legal regulation of spatial planning, we can help you to do everything easily and without disturbances.

Real estate transactions

Prevence lawyers successfully advise local and international players in the real estate market, such as construction companies, investment funds, property developers or property managers.

We advise you on the acquisition of commercial or residential real estate, on complex real estate acquisitions, on leasing, leasing, asset management or joint venture transactions.

We can help you not only to assess the terms of the real estate transaction, but also to conclude investment or other agreements, as well as to carry out a comprehensive due diligence on the property.

The right legal partners are key to a successful real estate transaction.

Experts

BOARD | MEMBER | MENTALITY

Andželika Buivydė
  • Attorney at Law
  • Partner
Justinas Bieliauskas
  • Associate
Gintarė Daukšė
  • Senior Associate
Projects

Client success stories

Telesoftas, SneakyBox, Adeo Web, Tandemum

We successfully represented the interests of the Blaster LT cluster, comprising four information technology companies, in negotiations regarding Kaunas BLC.

Commercial property owners

We represented the owners of commercial premises located in a residential apartment building in a civil case by filing a claim against the apartment building owners’ association.

Venipak

We represented the Venipak Group in negotiations with an investment fund regarding the expansion opportunities of a terminal project, leading to the conclusion of a letter of intent.

Subscribe to our newsletter!

Business trends and legal insights — all in one place.

Please wait...

Dėkojame! Sekmingai prisiregistravote

Let's talk