Rasitustakuu

Rasitustakuu is a legal concept in Finnish law that translates to "burden guarantee" or "guarantee of encumbrance." It refers to a guarantee provided by a seller of real estate that the property is free from any encumbrances or burdens that are not disclosed at the time of sale. Encumbrances can include things like mortgages, easements, or other rights that restrict the buyer's ownership or use of the property.

When a seller provides a rasitustakuu, they are essentially assuring the buyer that the property will be transferred to them without any unexpected legal claims or limitations. If an undisclosed encumbrance is later discovered, the seller may be liable for damages to the buyer. This guarantee is a crucial aspect of real estate transactions in Finland, providing a level of security for the buyer.

The specifics of a rasitustakuu can vary depending on the terms of the sales contract. It is typically a written clause within the purchase agreement. Buyers are advised to carefully review all documentation and ensure they understand the extent of any rasitustakuu provided by the seller. Seeking legal counsel from a Finnish real estate attorney is recommended to fully comprehend the implications and ensure adequate protection during property acquisition. This mechanism aims to promote transparency and fairness in the Finnish property market.