övertagaren

Övertagaren is a Swedish noun that designates the person who takes over rights, obligations or property from another party in a transfer. The term is used across contract law, civil transactions and corporate takeovers. The indefinite form is övertagare; the definite singular form is övertagaren.

Context and usage: In a sale of a business or assets, the buyer is typically the övertagaren, who assumes existing contracts, liabilities and assets as of the transfer date. In lease or rental situations, the tenant who takes over a lease is the övertagaren, and the transfer is sometimes called an assignment of the lease. In general, the övertagaren assumes the duties and rights previously held by the original party (överlåtaren).

Relationship to other terms: The counterpart is the överlåtare, the party who transfers rights to the övertagaren. The term is also used in discussions of corporate reorganisations and mergers to denote the entity that continues the contractual position. The exact legal effect depends on the governing contract or statute and may require consent, notification, or registration.

Etymology and form: Derived from ta över (to take over), with tagare meaning taker and över indicating transfer or continuation. The definite singular is övertagaren.

See also: överlåtare, avtal, kontrakt, övergång.