
Right of pre-emption
Facts about the topic of the right of pre-emption for real estate
- 4 min read

Facts about the topic of the right of pre-emption for real estate

Renovate an old building and retain its charm


When selling a property, there is a lot to consider. One of the most important points is determining the sales price. This serves as an objective assessment of the current value of the property and forms the basis for price negotiations.

The sale of your house has come to an end: a buyer has been found with the help of a broker and price negotiations have been completed. Now all that’s missing is the notarial sales contract or a notarised agreement to legally conclude the transaction and register the sale with the notary. But what is in this kind of contract and what is its legal effect? Can you withdraw from a notarised agreement after it’s been signed?

With the help of the Swiss Civil Code, inheritance law in Switzerland governs succession, provided that the deceased has not left a will. The so-called parentelic system of succession determines which heirs are the main heirs to the inheritance and how large their share of the estate is. Especially with large hereditary communities, it is advisable to write a will in time. If property such as a house, land or an owner-occupied flat is in the estate, a will prevents disputes among the heirs. In addition, you distribute your inheritance to the heirs who appreciate your estate.

If you wish sell your property, you have many options. You can sell the property yourself – to do this, most vendors place listings in the appropriate online real estate portals. This is extremely economical as well as practical since these websites are specifically visited by prospective buyers searching for properties. As a vendor, you must of course take care to provide as much important information as possible since prospective purchasers can filter their searches according to various criteria. We have put together additional tips for you in this informational chart on the subject of selling property on your own.

The purchasing of a property is a wide-ranging matter - in the decision phase, prospective buyers concern themselves with the purchase price negotiations, the contract design, the financing, the conversion and the move. Time and again, however, it is clear that the security aspects are not being given sufficient attention.

The renovation and updating of the heating has become a key issue, especially for existing properties, and should always be given top priority when buying a property. In addition to personal values surrounding environmental protection, future political requirements to replace fossil heat generation in residential buildings should also not be underestimated.
Contact


Engel & Völkers Switzerland
Poststrasse 26
6300 Zug | Switzerland
Tel: +41 41 500 06 06