Right of first refusal: everything you need to know

Right of first refusal

Everything you need to know

Vorverkaufsrecht

What is the right of first refusal?

The right of first refusal is a legal concept that gives tenants or neighbouring landowners the right to purchase a property on the same terms on which it is offered for sale to a third party. This right is intended to ensure that existing tenants or neighbouring owners have the opportunity to protect their interests and purchase the property when it is on the market.

The key aspects of the right of first refusal

Rented flats: In Switzerland, tenants of flats often have the right of first refusal.

 This means that if the landlord wishes to sell the flat, he must first make the offer to the current tenant.

Neighbouring landowners: In some cases, neighbouring landowners also have the right to purchase a property on the same terms on which it is offered for sale to a third party.

Why is the right of first refusal important?

The right of first refusal is crucial to ensure a fair and transparent property market. It protects tenants and neighbouring owners from unexpected changes in their environment and offers them the opportunity to maintain their current situation.

Formalities and deadlines: The right of first refusal is subject to certain formalities and deadlines. It is essential to observe these carefully in order to exercise the right in good time. Our team at Wenet can help you to ensure that you take all the necessary steps on time and correctly.

Offer to sell to tenants: If you are a landlord wishing to sell your rental property, you must first make the offer on the same terms to your current tenant before presenting it to other interested parties. This step is important to ensure that the tenant can exercise their right of first refusal.

Inform neighbouring landowners: In the case of the right of first refusal for neighbouring landowners, it is important to inform them of the planned sale in good time.

Personalised advice for your needs: Every property situation is unique. We offer personalised advice to ensure that your specific needs and requirements are fully taken into account.

Pre-sale rights play a central role in the Swiss property market. We understand that this process can be complex. That's why we not only act as experts, but also as a reliable partner to ensure that your interests are protected.

Remember, we are happy to assist you with the sale of your property. We understand the uniqueness of Swiss property law and can ensure that your transaction goes smoothly.

If you have any further questions about pre-sale rights or would like personalised advice, please do not hesitate to contact us. We will endeavour to assist you with all your property needs.

Exceptions and special cases: There are certain exceptions and special cases related to presale rights that may vary depending on individual circumstances. An experienced partner like Wenet can help you understand these nuances and ensure you have all the relevant information.

Trust and transparency: Trust is of crucial importance in property transactions. We attach great importance to transparency and openness in our advice. We want to ensure that you are well informed at every step of the pre-sale process.

Adapting to new developments: The property market can be dynamic and laws can change. An experienced partner such as Wenet stays abreast of developments in Swiss property law and can inform you of possible changes that could affect your right of first refusal.

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