Estate agents act
General provisions
1. By estate agent in this Act reference is made to physical persons, professionally acting as an intermediary for the sale of estates, parts of estates, buildings on other person’s land, site-leasehold rights, tenant owner’s flats, joint owner’s rights with regard to flats, lease rights or tenancy rights.
2. What is stipulated in this Act with regard to estates, is also applicable to the other intermediary sales objects referred to in 1 above. On intermediary sales of site-leasehold rights or tenancy rights Sections 18, 21 and 22 are not applicable. On such transfers of usufruct, what is stated with regard to seller shall pertain to the person who assigns or grants the use of the usufruct and what has been stated with regard to the buyer shall pertain to the opposite party.
3. The provisions of this Act are applicable irrespective of where the estate is situated, if an essential part of the estate agent’s commission is carried out in Sweden. To the extent that the Act (1998:167) on Law Applicable to Agreement Obligations is applicable, the issue of choice of legal system is however determined pursuant to that Act. The Act 1998:168.
4. If not otherwise specified in the below, the provisions of this Act must not be deviated from to the disadvantage of a consumer purchasing an estate mainly for individual use or selling an estate mainly possessed for individual use.
Registration of estate agents, the estate agent's commission, compensation for the estate agnet's assignment - read more