Regularisation of buildings

Correct documentation is one of the pillars of real estate liquidity and value. Also, for banks, the legal correctness of collateral assets is one of the prerequisites for issuing a loan. In many cases, this problem is encountered when businesses try to sell their assets but realise that the building has undergone remodelling or extension work for which the required documentation is missing. The problem may also arise with an insured event where the insurer can refuse to compensate for damages as the object does not have proper documentation.