Kiinteistöosakekauppa

Kiinteistöosakekauppa refers to the sale and purchase of real estate limited liability company shares in Finland. This type of transaction involves the transfer of ownership of a company whose primary asset is real estate. The buyer acquires shares in the company, which in turn grants them the right to use and possess a specific apartment or commercial space within the property owned by the company.

The process of a kiinteistöosakekauppa is similar to that of buying a regular apartment, but with some key differences. A real estate agent often facilitates the transaction, and a purchase agreement is drawn up. Due diligence is crucial, and buyers should thoroughly review the company's financial statements, building maintenance records, and any existing loan agreements. Unlike direct real estate ownership, the buyer becomes a shareholder and thus indirectly owns a portion of the property.

The responsibilities and rights associated with the apartment are governed by the company's articles of association and housing company regulations. Regular housing company meetings are held where shareholders make decisions regarding the property's management and finances. Buyers are typically responsible for their share of the housing company's maintenance and repair costs, often paid through monthly housing company fees. The transfer of shares is registered in the Finnish Trade Register.