A real estate purchase, whether as an investment or a forever home, is one of the most important and costly acquisitions one makes in life. At Terra we understand this, and take pride in making this process as efficient and worry-free as possible. We have decades of experience in remediating defective titles, resolving boundary disputes and acting for private clients, companies and trusts in the sale and acquisitions of real estate property.
Our highly experienced probate team knows that dealing with the assets of a deceased person can often be an emotional and difficult process. We assist clients through this process and guide them through the steps necessary to obtain probate or letters of administration of their loved one’s estate while advising on any legal issues that arise. Terra also assists and advises estate representatives with the administration of the estate from the date of death until the date of transfer to the estate beneficiaries.
Understanding the liabilities you assume under a mortgage or loan document is critical. We ensure that our clients understand the obligations and risks they assume when dealing with a lending institution.
We advise both corporate and private lenders on their rights and obligations in the sale of property pursuant to a mortgage or charge. We assist with all aspects of preparing the property for sale, arranging surveying, securing vacant possession of the mortgaged property and all necessary steps up to and incluing the sale of the property.
We are experienced in preparing residential and commercial leases for landlords, and advising and negotiating the terms of leases on behalf of tenants.
Terra Law Limited has expertise in the creation of bespoke trusts and foundations, for private individuals and families, charitable and religious purposes, and commercial transactions. Our team can advise on all ongoing operations of such entities.
Terra Law Limited has considerable experience in establishing major condominium developments, both freehold and leasehold, and has acted for several developers in the establishment of some of Bermuda’s largest condominium developments.
At Terra Law, we provide and offer advice on shareholder and joint venture agreements, financing, directors and officers duties and liabilities, and corporate governance. Our corporate law team also holds expertise in liquidations and restructuring, mergers and acquisitions, and employment advice.
Having a will is an important part of estate planning. We assist our clients by listening to their needs and goals, and advising on the best possible way to achieve them. We also advise on power of attorneys and medical directives when appropriate, as a part of the estate planning exercise.
Terra Law Limited offers notarial services for clients when requested.
We provide general corporate advice for both local and offshore clients regarding the operation of their business in Bermuda. Through our associated and licensed corporate services provider, Lincoln Management Limited, our clients can establish and protect their business via the incorporation of companies and other vehicles.
Bermuda has set itself high standards of good governance as a premier financial jurisdiction, and adherence to its AML (Anti-Money Laundering) and ATF (Anti-Terrorist Financing) laws and regulations can be a challenge for individuals and entities alike. We provide guidance to our clients to ensure compliance with all aspects of their business operations and personal affairs.
