Seller's liability insurance
As a seller, you can take out seller liability insurance in connection with the sale of property. The insurance is taken out as security against any claims for defects that the buyer of the property may make against the seller after the takeover. As a seller of a property, you can be held liable for hidden defects and deficiencies in the property sold for a period of 10 years. This is […]
Horse Seller – Brokerage Rules
As a small twist to my previous article: "Horse Seller - Are you selling privately or as a business?", we have the exception called the mediation rule. If you are selling your horse as a private individual, and you choose to put the horse in a sales stable and let a sales stable handle the sale of the horse, you should be aware that the transaction in […]
Digital Legacy: Your Digital Life After Death
Danes use computers and the internet like never before. The web is full of your private data and photos, even after you die. As a user of e.g. Facebook, Instagram, LinkedIN, Dropbox, ICloud, you leave a digital legacy, as you live on the web after your death. Many do not want to live on the web after their death, […]
The Companies Act will be amended as of July 1, 2018.
With effect from 1 July 2018, the Danish Companies Act has been amended in several respects. In future, a limited liability company can be established for DKK 400,000 (previously DKK 500,000). This also means that existing limited liability companies can reduce their share capital if this is advantageous. SMBA and FMBA can in future be converted into limited liability companies. When converting IVS to ApS, it can […]
Horse seller – Are you selling privately or as a business?
Regardless of whether you are a breeder or a rider, it happens that you have to sell a horse. In many cases, there is no doubt whether you are a private seller or a commercial seller. However, there is a relatively large gray area where it is actually debatable whether you are a private or commercial seller. It is not entirely unimportant whether you are […]
Modernization of the Condominium Act
The Danish Condominium Act is now a few years old. It was passed in 1966 and has since been amended several times, which has made the law complicated and sometimes incomprehensible. In 2016, the government appointed a committee of experts and interest groups in the field of condominiums and real estate to assess the possibilities and consequences of […]
Horse trading – When does the risk exceed?
One of the big pitfalls when you as a horse seller have to fill out the purchase contract in horse trading occurs at the point of “delivery”. Let’s start by establishing one thing – the risk passes upon delivery. As consumers, we are used to the fact that if we have ordered a new TV for delivery to our home address, we do not accept to receive […]
If Tomorrow Never Comes…
I have always really liked Ronan Keating's song “If tomorrow never comes”. About remembering to tell your loved ones how much you love them, if either you or they are suddenly no longer with us. Because it is an important message. What happens to our […]
Lease Agreement – Not everyone can write a lease agreement
The headline may be a bit bombastic, but it is nevertheless true. In any case, not everyone should try to write a rental agreement. Because a lot can go wrong. And it can take a really long time before you discover the mistakes you may have made. And do you think that then […]
Criminal tenants can be evicted more easily
The Supreme Court, with a new ruling from May 1, 2018, expands the possibility of evicting criminal tenants from their leases. The same applies if the criminal is part of the tenant's household, for example if it is the tenant's child who has committed a crime. Until now, case law has said that the crime must have occurred in or at […]