Overview
Lumina Residence, a premium residential development project near Sofia, needed to establish a strong legal foundation for its property sales and marketing operations. As a high-value real estate project, they faced complex challenges including property pre-sale regulations, buyer protection laws, and sophisticated marketing compliance requirements. Their existing legal framework was inadequate for handling large-scale property transactions and the sensitive nature of real estate investment marketing.
Solution
Lumina Residence partnered with CraftPolicy for a comprehensive real estate compliance solution
- Technical Implementation:
We implemented an advanced cookie consent tool, ensuring full compliance with data protection laws (GDPR, ePrivacy) while supporting lead generation efforts through transparent cookie categorization, consent tracking, and script management
- Crafting Custom Policies:
Our legal experts have developed comprehensive terms and conditions addressing property sales, buyer rights, and pre-construction purchase agreements. Additionally, we have created privacy policies that meet both real estate and consumer data protection standards, as well as cookie policies optimized for property marketing and lead generation.
Implementation
A specialized CraftPolicy team collaborated with Lumina Residence's sales and marketing departments. We conducted a thorough analysis of Bulgarian property sales regulations, implemented secure buyer management systems, and established ongoing compliance monitoring for real estate marketing standards.
Results
- Enhanced Buyer Confidence:
A Comprehensive legal framework increased buyer trust in the development project, resulting in faster apartment sales than projected.
- Regulatory Compliance:
Achieved full compliance with Bulgarian real estate sales laws and consumer protection regulations, ensuring smooth property transactions.
- Marketing Effectiveness:
Professional legal documentation supported aggressive marketing campaigns while maintaining compliance, leading to a 30% increase in qualified leads.
- Operational Protection:
Robust legal framework protected against potential buyer disputes and regulatory challenges, providing security for high-value transactions.
Conclusion
CraftPolicy enabled Lumina Residence to successfully market and sell its premium development through a comprehensive legal infrastructure that balances aggressive sales goals with regulatory compliance. This partnership demonstrates our expertise in high-value real estate legal solutions.
