Varakahjustust

Varakahjustust refers to damage that occurs to a property before a new owner takes possession. This type of damage is typically identified during a pre-purchase inspection, such as a building survey. Common examples of varakahjustust include structural issues like subsidence, dampness, or roof problems, as well as damage caused by pests or wear and tear that has not been adequately addressed. The responsibility for rectifying varakahjustust can become a point of negotiation between the buyer and seller during the conveyancing process.

Buyers are generally advised to conduct thorough inspections to uncover any existing damage. If varakahjustust is discovered, it can impact the property's value and the buyer's decision to proceed with the purchase. In some cases, sellers may agree to repair the damage before the sale is finalized, offer a price reduction, or provide a contribution towards the repair costs. If the damage is significant and not resolved, the buyer may choose to withdraw from the transaction. Legal agreements, such as the contract of sale, often contain clauses that address the condition of the property and the disclosure of any pre-existing issues.