Lunastusmittaus

Lunastusmittaus, often translated as redemption measurement or redemption survey, is a process primarily used in Finnish land and property law. It refers to the valuation of a property that has been foreclosed or is subject to a redemption right. This measurement is crucial for determining the price at which a creditor can redeem the property after its sale or auction.

The purpose of lunastusmittaus is to establish a fair market value for the property at the time of redemption. This valuation takes into account various factors, including the property's condition, location, size, and any existing structures or improvements. It ensures that the redemption price is just and reflects the property's true worth, preventing either the creditor or the former owner from being unfairly disadvantaged.

This process is typically carried out by a certified land surveyor or a qualified valuer. The surveyor will conduct a thorough inspection of the property and prepare a detailed report outlining their findings and the determined value. The report serves as the basis for any subsequent redemption negotiations or legal proceedings related to the property.

Lunastusmittaus is a significant step in the foreclosure and redemption process, aiming to provide clarity and fairness in property transactions involving redemption rights. It is a legally mandated procedure in many such cases within the Finnish legal framework.