förvaltar

Förvaltar is the present tense of the Swedish verb förvalta, meaning to manage, administer, or oversee property, assets or funds on behalf of someone else. In everyday use, the term describes a person or entity that holds responsibility for handling someone else’s property or finances, either by mandate, appointment, or contractual arrangement. The role is defined by duties to safeguard value, ensure proper administration and provide information to the owner or beneficiary.

Common contexts for förvaltare include legal guardianship, financial administration and property management. In legal terms, a person may be appointed as förvaltare by a court or authority to manage the assets of someone who cannot handle their finances themselves. In the financial sector, fund managers or asset management companies act as förvaltare for investments, pensions, or mutual funds. In real estate and housing sectors, a förvaltare or property manager oversees operations, maintenance and financial administration of buildings or housing associations. The term can also apply to the administration of a foundation, estate after death, or trust assets.

Responsibilities typically cover prudent asset management, record-keeping, reporting to the owner or court, and compliance with applicable laws and regulations. A förvaltare acts under a mandate or appointment and must act in the beneficiary’s best interests, balancing risk, value preservation, and transparency. The concept encompasses various specialized forms, including förvaltare inom bevarande av kulturarv, finansförvaltning, och fastighetsförvaltning, each with domain-specific duties.