Konieczny Wierzbicki Law Firm provided legal services for the Client, which is an English, award-winning network of hostels operating in England and the Netherlands, in the purchase of real estate intended for a hostel in Kraków.
We performed a due diligence survey, including e.g. a land and mortgage register entries analysis, as well as an analysis of all the existing lease contracts and other rights and obligations associated with the property.
Our lawyers drafted a letter of intent and preliminary sale and purchase agreement, as well as negotiated it with the seller. The potential risks and difficulties which our client faced (and overcame with our help) were mainly connected with the future division of land into two plots with different legal titles.