But there are associated risks. If you know that the previous owner has accumulated a large debt on utility bills, then you should also assume the possibility of his bankruptcy. If this happens, then you may face serious problems. The bankruptcy trustee will probably challenge the purchase and sale of the apartment. But there may not be money in the bankruptcy estate to return you the full amount of funds paid.
Why you may be required to pay utility bills from previous owners
This usually happens due to the misconceptions of individual employees of management companies and utility service providers. Debts for the apartment of the previous owner can become the reason for unpleasant visits with demands for payment.
The only thing you can do in this situation is to calmly explain the qatar mobile database situation with reference to the relevant laws and regulations. Keep in mind that regardless of when the apartment was purchased, it will not be possible to remove debts from it. While housing and communal services providers will try to collect them from the previous owner, the risk of employees appearing at your door remains.
In case of obvious violation of the law by the employees of the management company, you retain the opportunity to go to law enforcement agencies and to court. Remember that you are not responsible for non-payment of utility bills by the previous owner. Regardless of their size.
The new owner will have to pay off the debt that has accumulated as a result of non-payment of contributions for major repairs. If the previous owner of the apartment did not make them for years, then we may be talking about a significant amount. Especially if you bought an apartment in an old house. It is about this category of debts that you should try to find out even before buying a home. Do not take the seller's word for it - look at the documents.
There are no options not to pay the debt. Even if you did not know about the debt that had arisen. However, after paying it, there is a chance to try to collect this amount from the previous owner. For example, if you were convinced of timely payments and, for example, provided fake statements to confirm this fact. If you simply did not know about the existence of debts on contributions for major repairs, then the chances of winning the case in court are not so great.
Important: if you did not buy the apartment, but inherited it, then you will have to pay the debt for utilities.