Being a non-owning tenant of a tenant owned cooperative housing association
Residents that abstain from voting at the purchase decision meeting, or who vote against a conversion continue to reside on the property as non-owning tenants of the tenant owned cooperative housing association with the same rights and obligations as they previously had.
The rights and obligations of tenants are governed by the Rental Act, and apply to all tenants regardless of who their landlord is. The landlord (e.g. a tenant owned cooperative housing association) takes care of the management (the daily maintenance) of the building, and this is included in the rent.
The landlord determines what renovations can be done in the apartment. If, for example, the tenant’s stove breaks, it is the landlord who is responsible for repairing or replacing it.
A rental apartment cannot be purchased, sold or gifted, but may be assigned or exchanged pursuant to the conditions provide in the Rental Act.
The amount of rent is usually negotiated annually between the tenant owned cooperative housing association and the Swedish Union of Tenants. If the tenant owned cooperative housing association is implementing major renovations, each tenant has a right to influence these pursuant to the provisions of the Rental Act.
Tenants of the three municipal housing companies in Stockholm have an opportunity to exchange their apartments with the help of the internal apartment exchange queue. Once the property converts to tenant-ownership, the queue number of the tenants in the internal exchange queue will no longer be valid.