How to check a developer before buying a flat?

Buying a flat is a matter that requires a great deal of attention. It is worth setting aside time to learn all the details before signing the agreement. Many people ask our staff how to check a developer before buying a flat. We decided that this issue deserves an article of its own. Read on!

Choosing a developer

One of the steps when buying a first flat on the primary market is choosing a developer. You should start looking for one well in advance. Learn about all the options available in the location that interests you. Pay attention to the company's previous projects and to customer reviews. Do not be guided solely by a low price for the services; it can be very misleading. Although you are protected by the Developer Act on the protection of the rights of purchasers of residential premises or single-family houses, it is best to avoid unclear, unfortunate situations.

Choosing an unreliable developer can lead to the building being poorly constructed. This may be caused by the use of unsuitable building materials. The duration of the works also depends on the contractor; they may drag on, and agreed deadlines are often ignored. Also pay attention to formal matters. Another obstacle worth pointing out is an incorrect or excessive valuation.

READ ALSO – THE DEVELOPER'S LIABILITY FOR DEFECTS IN A FLAT

How to check a developer before buying a flat? – tips

Have you provisionally chosen a development company whose services you want to use? Verify its reliability. Investing in property is a very serious step, and it is not worth making a decision on impulse. Check the company's activity. You can use the National Debt Register (KRD) and the entry in the business activity register. Before buying a specific property you can ask to be shown the notarial deed (akt notarialny) for the land and the building permit. Another point in a developer's favour is membership of the Polish Association of Developers and a recommendation from the Polish Association of Construction Industry Employers. These last points are of course not mandatory. A credible developer will answer all your questions

When choosing a property and a development company, do not forget to check:

• the developer's other projects
• the legal status of the chosen property
• the local zoning plan for the area
• the planned completion date of the project
• the permit to carry out the project
• planned infrastructure projects in the immediate surroundings of the land

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