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Power-of-attorney

What is a Power of Attorney?

 

A future power of attorney is a legal document that ensures that a selected person (proxy) can act on your behalf if you lose the ability to make decisions yourself at some point in the future. This may be due to illness, dementia or other conditions that affect you mentally or physically.

 

A future power of attorney is therefore a very important document that ensures your future security and peace of mind.

 

Be sure to set one up in good time and get it registered correctly to avoid future worries.

Fortrydelsesret ved huskøb

The right of withdrawal is a crucial aspect of consumer protection in property transactions, giving buyers the opportunity to cancel a purchase within a specified period. This ensures buyers have time to make an informed decision—free from pressure—and to reconsider if needed.

 

The Right to Withdraw

  1. Withdrawal Period

    • Buyers can withdraw from the purchase within six business days after both parties have signed the purchase agreement.

  2. Written Notification

    • To exercise the right of withdrawal, the buyer must notify the seller in writing. This can be done via letter, email, or another written form, as long as it can be documented that the notice was sent within the deadline.

Consequences of Withdrawal

  1. Refund

    • The seller is obligated to refund the buyer any amounts paid in connection with the purchase, including the deposit.

  2. Compensation

    • The buyer must pay the seller compensation amounting to 1% of the purchase price. This covers the seller’s costs associated with the transaction.

Significance for the Buyer

The right of withdrawal provides buyers with flexibility and security in property purchases. It allows time to seek additional advice, carefully consider the decision, and avoid being tied to a rushed commitment. This fosters trust in real estate transactions, benefiting both buyers and sellers.

Key Points About the Right of Withdrawal

  • Effective from Signing: The six-business-day period begins when both parties have signed the purchase agreement.

  • Requirement for Written Notification: The withdrawal must be submitted in writing and within the deadline.

  • Refund and Compensation: The full amount paid is refunded, minus a 1% compensation paid to the seller.

The right of withdrawal is a vital part of the legislation that protects buyers, ensuring a secure and transparent property transaction. It provides peace of mind and safeguards the buyer’s interests in one of life’s most significant investments.

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Jurateam har professionel ansvarsforsikring hos

TPH Specialty ApS,

Strandagervej 11,

2900 Hellerup.

​Tlf. 50 55 10 60

kira@jurateam.com

cvr.nr. 26668956

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