What guarantees apply to new-build properties?

In the case of new-build apartments, the buyer is entitled to a mandatory warranty (guarantee), the rules of which are fixed by government decree.

Duration of the Warranty

The warranty period, starting from the handover-acceptance, is tiered:

• 3 years: for defects that do not prevent the basic intended use of the building.
• 5 years: for more significant building structural elements (e.g., roof, insulation, windows/doors).
• 10 years: for load-bearing structural elements (e.g., foundation, walls).

It is important that any defect must be reported immediately to the contractor in writing upon discovery.

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Posted in: New Build Property FAQ