The owners’ association – the part you also buy
When you buy an apartment, you also buy a share of the owners’ association. The association's finances, debt and decisions affect your future expenses – and in the worst case can mean large, unforeseen costs after the purchase.
Why the documents matter
The listing describes the apartment. The owners’ association's documents describe the community you become part of: what the association owes, what it has decided, and what maintenance lies ahead. A drainpipe renovation project, a joint loan or an upcoming facade renovation can affect the finances for several years ahead – that's why we look at the material as a whole rather than item by item.
Documents we look at
The relevant documents for an apartment typically include:
- Financial statements
- Budget
- Minutes of general meetings
- Articles of association
- Maintenance plan
- Information on joint loans
- Planned works
- Property data report and other documents from the estate agent
Typical matters we follow up on
Among the matters we often see are discussions of upcoming major works, discrepancies between budget and financial statements, debt within the association, and rules in the articles of association on, for example, renting out the apartment. A single document does not necessarily tell the whole story – that's why findings are always linked to their source, so you can verify them.
Available material
Get the association reviewed before you bid
The screening before bidding covers the owners’ association's documentation as part of the whole, together with the apartment and the price – for DKK 1,495 incl. VAT.
Screening before bidding
Get your apartment checked – DKK 1,495
Apartment, owners’ association and price reviewed – gathered in one clear report, before you place a bid.
Related pages
Screening of an apartment
Apartment, owners’ association and price in one report – DKK 1,495
Buyer check
Assessment of the apartment, owners’ association and price/bid basis – DKK 3,995 incl. VAT. Price negotiation is not included.
Knowledge
Articles about the owners’ association, the home purchase and the price.