Monday, March 05, 2007

Purchasing Real Estate in Sweden - Registration of new owner

The buyer should register his title to the real estate within three months of completing the transfer. However, failure to register the title within the stipulated time will not make the purchase invalid.

The registration in the Land Register is important for many reasons; mainly because it gives the buyer – in good faith – priority to title from the day of application for registration. As mentioned before, i.a. in this post, it is also necessary for the buyer when applying for mortgages.

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