Designated investigation agency | Investigations to prevent the cancellation of land transactions and damages after sale.

Prevent the cancellation of land transactions and unfair price negotiations in advance! A historical investigation to strongly supplement important explanations and lead safe real estate transactions driven by the seller.

In the practice of land sale contracts, the discovery of soil contamination during negotiations or after the transfer can trigger significant delays in transactions, cancellations, and even lead to costly legal battles over damages. Particularly, "hidden defects" that the seller may not be aware of pose a brokerage risk that cannot be fully addressed by standard important matter explanations. This explanatory document details the strategic use of "historical land investigations before sale" to protect the trust of both sellers and buyers and facilitate smooth real estate transactions. Geotech, a designated investigation agency under the Soil Contamination Countermeasures Act, meticulously examines the past usage of the land and public documents to prepare an objective risk assessment report that strongly supplements the important matter explanations. Furthermore, it covers the establishment of numerical data evidence through voluntary sampling surveys for contamination concerns and how to incorporate special provisions into the sales contract. This practical guide emphasizes thorough risk management by brokerage firms, enhancing social credibility while leading safe transactions.

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