What are the estate agent’s obligations and responsibilities?
Vad har mäklaren för skyldigheter? - Engelska
When making a sale, the estate agent has a dual responsibility to protect the interests of both the buyer and the seller. According to the law the estate agent must perform their duties with due care and observe the estate agent code of conduct.
Translated page: This text has been translated from Swedish. The text and appearance of the page may look different from the original page.
Among other things, the estate agent handling the sale is required to provide you as a buyer:
a description of the property
written information about the duty to inspect
an offer of a written estimate of the housing cost.
Choose what you want to read more about
A property description is a written description of the residence. It is part of the estate agent’s duties to compile such a description. The agent must provide it to anyone considering making an offer on a property. It should be provided well in advance of the purchase.
More information about property descriptions can be found at the Swedish Estate Agents Inspectorate (FMI).
Property description on the Swedish Estate Agents Inspectorate’s (FMI) website (In Swedish)
The real estate agent must provide you as the buyer with the advice and information you may need about the property and other conditions related to the purchase. The duty to disclose includes everything that can be assumed to be of importance during the purchase, such as the buyer’s duty to inspect. The agent must provide written information about the buyer’s duty to inspect and inform the buyer about this duty and what it entails.
The agent should do what they can but is not responsible for the buyer investigating the property.
The buyer’s duty to inspect on the Swedish Estate Agents Inspectorate´s (FMI) website (In Swedish)
The estate agent must provide a written estimate of the cost to live in the property, known as a cost of homeownership calculation. The aim is to make the prospective buyer aware of the costs that a purchase will entail.
The content on this page has been created in collaboration with one or more authorities and consumer agencies. The Swedish Consumer Agency collaborates with others in our mission to guide consumers.
