GENERAL INFORMATION:
The information provided in the property description, prospectus, and other informational material is mainly based on information provided by the seller. Some essential information is also obtained from the land registry. This information is only verified by the real estate agent if circumstances warrant it. Buyers/prospective buyers are encouraged to verify this information as well as any other information relevant to the purchase of the property.
DUTY TO INSPECT, ETC:
Basis for the allocation of responsibility;
According to the Swedish Property Code, the property must correspond to what has been agreed upon between the parties and not deviate from what the buyer could reasonably expect at the time of purchase. Furthermore, the property is bought in the condition it is in on the day of the contract and the buyer, in order to secure themselves, should conduct a thorough inspection of the property. The seller is not liable for faults or damages that the buyer had the opportunity to discover or could anticipate due to the property's age and condition. However, the seller is liable for hidden defects, meaning defects in the property that the buyer could not have discovered, regardless of whether the seller was aware of the defects or not. The seller's liability for hidden defects in the property extends for 10 years.
Buyer's duty to inspect:
The buyer must conduct a thorough inspection of the property, including all its parts and functions. If possible, the buyer should also inspect attic spaces, crawl spaces, and other hard-to-reach areas. Special attention should be paid to moisture damage (especially in the basement and attic), rot damage, damage to water and sewage systems, cracks in the facade and foundation, as well as chimney stacks. If the buyer discovers any defects or signs of defects during their inspection, or if the property's condition raises suspicions of defects, the requirements for the buyer's duty to inspect are heightened.
Engaging a surveyor:
According to the Swedish Property Code, it is not a requirement for the buyer to engage a surveyor, as the buyer is expected to fulfill their basic duty to inspect. However, most buyers choose to engage a surveyor or other expert, especially if they do not have specific knowledge of building technology. If the buyer has initially inspected the property themselves and discovered symptoms of defects that are difficult to assess, it is important to engage a surveyor. The buyer should consider the extent of the survey ordered by the surveyor. Normally, such surveys do not cover certain parts of the property such as electrical installations, water and sewage systems, chimneys, etc., so the buyer may need to supplement their inspection.
Seller's duty to inform:
There is no general duty of disclosure equivalent to the buyer's duty to inspect. The seller can be liable for compensation if they knew or should have known about a defect but did not inform the buyer. It is in the seller's interest to inform the buyer of any defects or suspected defects they are aware of. Information provided by the seller is not considered hidden and cannot normally be invoked by the buyer.
Seller's statements:
The seller can be bound by a statement regarding the property's condition, especially if the seller made a clear and specific statement about the condition of the property. Generally, vague or general statements are not considered binding.
Freedom of contract, exemption:
Parties have the freedom to agree on the responsibility for the property's condition, and they can agree on a different allocation of responsibility than what is mentioned above. For example, the seller can exempt themselves from responsibility for the property's condition or for a specific function.
Seller's liability insurance:
Through seller's liability insurance, the seller can limit their financial risk for hidden defects in the property while ensuring that the buyer is compensated for such def
2,142.02 Sq Ft
Villa
MLS/Listing ID OBJ20226-1926556424
Listing Courtesy of KNIGHT FRANK
Source of Data: KNIGHT FRANK