Kiinteistönvälityslaki

Kiinteistönvälityslaki is the Finnish legislation governing real estate brokerage activities. It sets out the requirements for individuals and companies operating as real estate agents. The law aims to ensure professional conduct, protect consumers, and maintain a fair market.

Key provisions of the law include regulations on the licensing and registration of real estate agents. Individuals must meet certain educational and professional experience criteria to obtain a license. Companies involved in real estate brokerage must also be registered and adhere to specific operational standards.

The law also details the rights and obligations of real estate agents and their clients. Agents are required to act impartially, provide accurate information, and avoid conflicts of interest. Clients have the right to receive clear and comprehensive service. The legislation covers aspects such as commission agreements, marketing practices, and the handling of client funds.

Furthermore, kiinteistönvälityslaki addresses issues related to consumer protection. It mandates transparency in dealings and provides mechanisms for dispute resolution. The law ensures that clients are well-informed about the property transaction process and their legal standing.

Enforcement of the kiinteistönvälityslaki is typically carried out by relevant supervisory authorities, such as the Finnish Competition and Consumer Authority. The law contributes to the integrity and trustworthiness of the Finnish real estate market by establishing a framework for responsible brokerage.