In Part 1 of a two series article in the Property Report South East Asia – January Edition, Hughes Krupica describe and analyse how real estate lawyers can in a deliberately generalised set of categories, affect real estate deals depending on their behaviour and style of handling transactions, consequently on a macro level, affecting the real estate market as a whole. A balance between protective conservatism, and economic liberalism is required in order for any lawyer to properly understand a market in which said lawyer is not the principal, is not the person/entity providing the funds for investment with a risk and reward equation. Certain lawyers would never be able to conduct a transaction themselves if they implemented their own advice in a practical situation. Others are more practical, but can taint a deal with aggression; posturing and prejudice.
Please see the article below, part 2 will be published in SEA in February’s edition.