When you transfer your property to the buyer, you should be just as careful and diligent as when you moved in. We recommend that you review the rental unit along with the buyer for the following:
note that everything is present in the dwelling in accordance with the transfer agreement.
verify that everything is in accordance with the transfer agreement.
check if the appliances, toilets, taps and showers, etc. work.
We do not recommend that you replace the appliances or other installations that were inside the unit when you showed it to the buyer in connection with the contractual process. This can lead to deficiency objections from the buyer.
In the transfer agreement you can find information about handling deficiencies in the unit, if any. It is a good idea to draw up a list of defects to be signed by both you and the buyer. It is also a good idea to take pictures as evidence.
You should be aware that if the buyer does have deficiency objections, we as property manager will withhold a percentage of the purchase price until these are resolved.
Reading the meters and keys
You and the buyer should read water, heat and electricity meters together. The buyer must make sure to take over the agreement with the utility company. We contact utilities with regard to water and heat, so you need to make sure that we get meter readings so the buyer will be registered as a user with the companies.
In addition, you must make sure that the buyer gets all the keys to the unit and the property.
The payment of the sales sum
When the unit is transferred to the buyer, and all registrations with the electricity, water and heating suppliers are in place, we will pay the sales sum to you. You should be aware, however, that we shall deduct an amount for the payment of any deficiencies as well as an amount for any additional bill for water and heating costs. Read more about water and heat accounts here.
Note that your creditors will be paid first if they have a mortgage on your home, or if the creditors have assignment in the sales sum. Only then will you receive the balance.
It is important that you ensure that all mortgage liabilities registered in the agreement are deleted.
You can find information about vacating in the transfer agreement.