Family property how to start

When planning to purchase a property to lease to your child (forældrekøb), we recommend consulting us beforehand.

Several key considerations require attention, and you can benefit from our expertise in this area.

For those considering a parental property purchase arrangement, our start-up package is tailored to a specific property.

To initiate the process, we will need the following information from you:

• The sales particulars for the specific property you are considering purchasing
• Your preliminary thoughts regarding the rent level, including whether your son or daughter will live alone or share the property with others
• Your preferences regarding financing, including self-financing, preferred type of mortgage loan, and any additional financing

Based on this information, we will provide:

Based on this information, we will provide:

1. A budget for the start-up year, a standard full-year projection, and a 10-year projection (or another time horizon upon request), illustrating the liquidity impact.
2. A written memorandum outlining your options, including our assessment of the appropriate rental level, and highlighting other tax and tenancy law considerations you should be aware of.
3. If desired, a review can be conducted via telephone or online meeting.

Our fee for the parental property purchase start-up package is DKK 4,400, including VAT. This fee is tax-deductible if you purchase the apartment and commence leasing.

If you subsequently change your mind and wish us to include a new property, or if you, from the outset, request us to prepare calculations for multiple properties, an additional fee of DKK 2,000 incl. VAT per property will apply. Each property will receive our full attention until you finalise the purchase of the one you choose.