GENERAL INFORMATION:
The information provided in the property description, prospectus, and other information materials is mainly based on information provided by the seller. Some essential information is also obtained from the land survey. This information is only verified by the real estate agent if circumstances warrant it. Buyers/prospective buyers are encouraged to verify this information and anything else that is significant for the purchase of the property.
DUTY TO INSPECT, ETC:
Starting point for the allocation of responsibility;
According to the Swedish Land Code, the property must correspond to what has been agreed between the parties and not deviate from what the buyer could reasonably expect at the time of purchase. In addition, the buyer is responsible for examining the property in its actual condition on the contract date and to ensure this, a thorough inspection of the property is required. The seller is not liable for defects or damages that the buyer could have discovered or anticipated due to the age and condition of the property. However, the seller is responsible for hidden defects, i.e., 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 lasts for 10 years.
Buyer's duty to inspect
The buyer must inspect the property thoroughly, checking all its parts and functions. If possible, the buyer should also inspect attic spaces, crawl spaces, and other difficult-to-access 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 walls, and chimney stacks.
If the buyer discovers any defects or signs of defects during the inspection, or if the property is in such a condition that defects can be suspected, the buyer's duty to inspect is intensified.
Engaging a building inspector
The Swedish Land Code assumes that the buyer can fulfill their basic duty to inspect the property on their own. However, most buyers choose to engage a building inspector or other expert, especially if they do not have specific building technical knowledge. The buyer should ensure that the inspection covers all parts and functions of the property. If the buyer engages an expert, it is important to note the extent of the inspection. Normally, such an inspection may not cover certain parts of the property, such as electrical installations, water and sewage systems, flues, etc., so the buyer should consider complementing their inspection.
Seller's duty to disclose
There is no general duty for the seller to disclose information equivalent to the buyer's duty to inspect. The seller may become liable for damages if they knew or should have known about a defect but did not inform the buyer. It is therefore in the seller's interest to disclose any defects or suspected defects that they are aware of. Information disclosed by the seller is not considered hidden and cannot normally be invoked by the buyer.
Seller's representations
The seller may be bound by a representation regarding the condition of the property, especially if the seller has made a clear and specific representation regarding the property's condition. Generally, vague or general statements are not considered representations.
Freedom of contract, disclaimer
Parties have the freedom to agree on a different allocation of responsibility for the property's condition than what is mentioned above. For example, the seller may disclaim responsibility for the property's condition, generally or regarding a specific function.
Seller's liability insurance
Through liability insurance, the seller can limit their financial risk for hidden defects in the property while ensuring that the buyer is compensated for such defects. Liability insurance provides security for both the seller and the buyer.
OPERATING COSTS:
The operating costs spec
4,090.28 Sq Ft
Villa
MLS/Listing ID OBJ28157-2128401770
Listing Courtesy of KNIGHT FRANK
Source of Data: KNIGHT FRANK