Lawyer Warns Ukrainians Against Signing Deals with Intermediaries: Key Risks Explained.
Risks of Buying Property Through Intermediaries
According to Novyny.live: The article highlights the dangers of signing contracts for home purchases through third parties rather than directly with developers. Real estate attorney Ihor Buzovskyi stresses the importance of verifying the legal status of the company involved in the transaction. As of March 2026, Ukraine's new-build market shows significant price disparities across regions, underscoring the varying conditions for property buyers.
Why Checking the Developer's Status Matters
Ihor Buzovskyi points out that 'very often, when buying apartments in new developments, investors are offered contracts with cooperatives, funds, or private individuals.' This practice can be risky because these entities 'typically have no official connection to the construction process.' Such arrangements put investors at risk of future legal complications.
The attorney also emphasizes the need to verify the developer's credentials:
'If you are an investor and your buildings are still under construction, check who you signed the contract with' — Ihor Buzovskyi.This step helps avoid unexpected issues and investment risks in new developments. Courts in Odesa are currently handling cases related to a controversial residential complex, highlighting the timeliness of this issue. Buzovskyi notes: 'The first legal warning signs have appeared — the lawsuit was denied in full.'
Ukraine's President has signed a law requiring developers to integrate protective shelters into project documentation, marking another important step toward investor safety. However, this does not relieve buyers of the need for thorough due diligence and caution when signing agreements. The new-build market, with its regional price contrasts, also demands careful consideration of location for investment.
- Potential investors must be aware of the associated risks.
- Verifying the developer's status is crucial.
- A cautious approach to signing contracts is essential.
Given these factors, prospective investors should stay informed about the risks of buying property through intermediaries and follow expert recommendations. The importance of checking the developer's credentials and exercising caution in contract signing is increasingly relevant amid legislative changes and court cases that underscore the need to protect investor rights in the real estate market.
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