Kiinteistökauppasopimus

Kiinteistökauppasopimus is the Finnish term for a real estate purchase agreement. It is a legally binding contract between a buyer and a seller for the transfer of ownership of immovable property. In Finland, this agreement must be in writing and signed by both parties to be valid.

The agreement typically includes essential details such as the identification of the buyer and seller, a precise description of the property being sold, including its cadastral unit and address, and the agreed-upon purchase price. It also specifies the payment terms, such as the deposit amount and the schedule for further payments.

Furthermore, a kiinteistökauppasopimus outlines the possession date, when the buyer will take physical possession of the property. It may also include clauses regarding any conditions that must be met before the sale is finalized, such as the buyer securing financing or a satisfactory property inspection. Details about any included fixtures or fittings, as well as any warranties or representations made by the seller, are also commonly found within the contract.

Finnish law dictates specific requirements for the formation of a valid kiinteistökauppasopimus, emphasizing the importance of clarity and mutual understanding between the parties involved. It is highly advisable for both buyer and seller to seek legal counsel to ensure all aspects of the transaction are properly addressed and understood.