Senate with amendments. The Act on the openness of the prices of apartments returns to the Sejm

On Wednesday, the Senate offered several amendments to the amendment to the Act on the openness of the prices of apartments offered by developers. Now the law will return to the Sejm. One of the amendments specifies that the price, which must be revealed by the seller of the apartment is the price given in the development agreement.

88 senators voted in favor of adopting a resolution in this matter, no one was against or abstained.

Several corrections proposed by the Higher Chamber of Parliament were mainly detailed and editorial. These changes – as the Minister of Funds and Regional Policy explained during the Wednesday conference, Katarzyna Pełczyńska -Nałęcz – “they are not to give developers an excuse to bypass the act”. One of the most important is the amendment, which clarifies that the price, which must be revealed by the seller of the apartment is the price given in the development agreement.

The amendment to the Act on the protection of the rights of the buyer of a residential premises or a single -family house and the development of the Guarantee Fund obliges developers to run websites, on which housing prices are to be given from the beginning of sales to its termination. The author of these solutions was the Polish 2050-TD club.

It assumes that the seller will be required to place a price for a square meter and prices for the entire property on his website, as well as on a special government portal (data.gov.pl).

In addition, these rates will have to be updated every 24 hours, and the seller will have to archive them so that the buyer can compare them. For companies that will not comply with the regulations, there are penalties to be imposed by the Office of Competition and Consumer Protection (UOKiK).

According to the regulation, in the event of a discrepancy between the price given and the price offered at the conclusion of the contract, the buyer will have the right to request the sale of real estate at the price of the most advantageous for him.

The Act also provides that the developer is also required to publish the prices of a square meter of all real estate offered, i.e. together with a garage or a storage room. A violation of this obligation is to be a practice that violates the collective interests of consumers and will be punishable.

The act is to come into force after a month from the date of publication. (PAP)

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