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 require it. Buyers/interested parties 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 Land Code, the property must correspond to what has been agreed between the parties and must not deviate from what the buyer could reasonably expect at the time of purchase. Furthermore, it is bought in the condition it is actually in on the date of the contract, and the buyer, in order to secure themselves, must conduct a thorough inspection of the property. The seller cannot be held responsible for defects or damages that the buyer could have discovered or expected 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 is valid for 10 years.
Buyer's duty to inspect
The buyer's duty to inspect is extensive. The property must be inspected in all its parts and functions. If possible, the buyer must 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 installations, cracks in the facade and foundation, and chimney stacks. If the buyer discovers defects or symptoms of defects during their inspection or if the property is in such a condition that defects can be suspected, the requirements for the buyer's duty to inspect are heightened.
The information provided by the seller also affects the extent of the duty to inspect. For example, if the seller informs the buyer of a suspected defect, it may serve as a warning signal that should prompt a more thorough inspection by the buyer. On the other hand, the buyer should not have to inspect parts of the property for which the seller has made explicit promises or guarantees, provided that these are not general in nature. The buyer should also consider that the seller is not liable for defects and deficiencies that the buyer should have anticipated based on the age, price, condition, and use of the property. Therefore, the buyer should tailor their inspection accordingly. If the purchase concerns a used house, the buyer must consider that certain parts and functions may have been subject to wear and may need to be replaced or renovated due to age.
Engaging a surveyor
The Land Code assumes that the buyer should be able to fulfill their basic duty to inspect on their own in normal cases, and therefore, there is no requirement to engage an expert for this purpose. Nevertheless, most buyers choose to engage a surveyor or other expert, and this is recommended if the buyer does not have specific knowledge of building technology. The same applies if the buyer has initially inspected the property themselves and discovered symptoms of defects that are difficult to assess. As mentioned above, the buyer must inspect the property in all its parts and functions. Therefore, it is important to be aware of the extent of an ordered inspection when engaging a surveyor. Normally, such an inspection does not include certain parts of the property such as electrical installations, water and sewage, chimneys, etc., so the buyer should consider supplementing their inspection. The Land Code stipulates that the inspection conducted by the buyer or a hired surveyor must be done before the purchase, i.e., before the purchase contract is signed by the parties. However, there is n
2,335.77 Sq Ft
Villa
MLS/Listing ID OBJ21423-2000332576
Listing Courtesy of KNIGHT FRANK
Source of Data: KNIGHT FRANK