Osituskirja

Osituskirja is a Finnish legal document that formalizes the division of assets and debts between parties, most commonly in divorce proceedings. It is a written agreement that outlines how shared property will be distributed. This can include real estate, vehicles, bank accounts, investments, and any other jointly owned assets. Similarly, it details how debts, such as mortgages or loans, will be allocated.

The creation of an osituskirja typically follows a negotiation process where the parties agree on the division. If an agreement cannot be reached, a court may be involved to determine the distribution. Once the terms are settled, the document is drafted and signed by both parties. It is often recommended that parties seek legal counsel from a lawyer specializing in family law to ensure the osituskirja is legally sound and fair.

After signing, the osituskirja usually needs to be confirmed by a notary public or a court to be legally binding. This confirmation process validates the agreement and makes it enforceable. The signed and confirmed osituskirja serves as the official record of the asset and debt division, preventing future disputes over ownership. It is a crucial document in concluding marital property division in Finland.