How to check a developer before buying

Why you should check the developer

Buying property in Batumi or elsewhere in Georgia is both an emotional and financial decision. Verifying the developer reduces risks such as delays, unexpected changes to the project, or legal problems with land titles. Treat the process as due diligence: small checks early can prevent big losses later.

1. Company registration and legal status

Ask for the developer's registration documents and any relevant licences. Confirm the company name, registration address and whether it operates under the same brand that markets the project. If anything looks inconsistent, consult a local lawyer or a notary to verify authenticity.

2. Land ownership and permits

Request plans, land lease or ownership documents, and building permits issued by local authorities. A developer who cannot provide clear evidence of land rights or permits is a red flag. Insist on seeing official documents before any advance payments.

3. Track record and completed projects

Visit completed buildings by the same developer. Talk with residents about construction quality, handover timelines, and after-sales service. Online reviews can help but prioritize direct verification. For more on structured checks see related pages: /how-check-developer-before-buying and /kak-proverit-zastrojshchika-pered-pokupkoj

4. Financing and contractor relationships

Understand how the project is financed: bank loans, escrow accounts, or developer equity. Ask for information about main contractors and subcontractors. Stable contractor relationships and transparent funding lower the chance of interrupted works.

5. On-site inspection and construction management

Regular site visits reveal the actual pace and quality of work. Look for safety measures, active teams, and documented progress. Request a construction schedule and a communication plan for buyers so you can monitor milestones.

6. Sales contract essentials

The contract should specify payment stages, delivery dates, penalties for delays, scope of works and warranty periods. Avoid vague clauses. Consider including conditions for escrow payments or bank guarantees and a clear handover protocol.

7. Practical checklist before signing

1) Obtain and have a lawyer check all documents; 2) Visit the site personally; 3) Speak with residents of other projects; 4) Avoid large upfront transfers without guarantees; 5) Keep copies of all correspondence and receipts.

Final advice

A methodical approach — legal verification, financial checks, and physical inspection — reduces risk and gives confidence. If in doubt, pause the transaction and get professional advice. Smart due diligence protects your investment and peace of mind.