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köprätt

Köprätt, or purchase right, is a legal concept in Sweden that entitles a person or entity to have priority to acquire a specified asset when the owner intends to sell. It is commonly described as a form of pre-emption or first-refusal right and can be created by contract, by by-laws, or by statutory rules in various property and business contexts.

How it works: when the owner signals an impending sale, the holder of köprätt is offered the

Contexts: köprätt appears in co-ownership situations where a co-owner wishes to sell or where neighbours or

Legal basis and limitations: köprätt arises from contracts, association rules, or statutory provisions and is typically

asset
on
predefined
terms,
such
as
price
and
conditions.
The
holder
typically
has
a
defined
period
to
decide
whether
to
exercise
the
right.
If
the
holder
accepts,
the
sale
proceeds
between
the
parties
under
those
terms;
if
the
holder
declines
or
fails
to
act
in
time,
the
owner
may
sell
to
third
parties,
usually
under
the
original
terms
or
within
the
boundaries
set
by
the
agreement.
The
exact
procedures
and
limitations
depend
on
the
specific
contract
or
legal
arrangement.
a
housing
cooperative
have
priority
to
purchase
adjacent
property.
It
can
also
arise
in
corporate
settings,
such
as
rights
related
to
shares,
or
in
land
transactions
involving
municipalities,
associations,
or
other
formal
groups
that
wish
to
control
ownership.
enforceable
against
successors
in
title
if
formally
documented.
The
right
protects
certain
parties
from
unwanted
buyers
and
can
constrain
market
freedom.
In
many
cases,
köprätt
is
closely
related
to,
or
overlaps
with,
the
more
common
term
förköpsrätt
(pre-emption
right).