buying a condominium (ANDELSBOLIG)
full buyer's package
When buying a condominium, our advice is focused on the purchase agreement, the articles of association, minutes of general meetings, the association's finances - including loans and liability - condition report, etc.
A condominium is a dwelling in a larger property where you own the entire property together with the other owners and have the right to use a specific apartment. On the one hand, you are a homeowner together with all the other owners in a co-operative housing association - and on the other hand, you are a kind of tenant of this association.
Thus, a co-operative apartment differs from a condominium, where you own the specific apartment, and it differs from a rental apartment, because you are a co-owner together with the other residents.
Cooperatives are regulated by law. The pricing is not - as for condominiums - free, but set according to certain guidelines, which determine the amount of the share. If an apartment is 90 m2 and the co-op fee is DKK 2,300, the apartment can be sold for a maximum of DKK 207,000, plus improvements and minus defects (anything that needs to be fixed to bring the apartment up to normal standards).
In connection with a sale, an assessment is made of improvements/defects and in some condominium associations an electrical inspection must also be carried out.
It is usually the co-operative's administrator who draws up the purchase agreement and executes it.
IN ADDITION TO THE ABOVE, OUR SERVICE INCLUDES
why only the full buyer's package?
The reason why we only offer a full buyer's package is that we want to provide reassurance and transparency for you as a buyer, without sudden extras, so you as a buyer have a full overview from the start. Some law firms advertise a low price for the registration of deeds etc., and this can of course seem attractive. In our experience, as a buyer you need the full service.
The estate agent is the seller's representative. You need your own advisor. An adviser who knows a lot about property and who can give you the reassurance you need about what could be the biggest financial decision of your life.
It's not (just) about getting a title deed. It's about making sure that all the relevant aspects of your purchase are clarified and that no problems arise afterwards.
We do not compromise on our performance. We advise on the entire transaction from start to finish. We vouch for our advice and are of course insured.
With more than 1000 property transactions, we know what is relevant to look at when buying a home.
In the transactions where the seller's estate agent makes the deed and the reimbursement statement, we carry out exactly the same investigations as when we make the deed and the reimbursement statement ourselves. We also check the work done by the estate agent, and it is important to remember that the estate agent is the seller's man - and only the seller's man. The need for advice is therefore just as great in those transactions where it is the broker who draws up the deed.
No cure - no pay = if the deal falls through, we don't charge a fee, but of course we hope you'll come to us when you find another property.
BUYING A CONDOMINIUM (ANDELSBOLIG)
Ehlersvej 33
2900 Hellerup
Phone: 69 69 11 11
info@bbboligadvokat.dk
Mon-Fri: 9am - 5pm