Võtmedkättelõpuleviimine

Võtmedkättelõpuleviimine is an Estonian phrase that directly translates to "keys on hand conclusion" or "completion by keys in hand." In a practical context, it refers to a real estate transaction where the buyer receives the physical keys to the property at the exact moment the final paperwork and financial settlements are completed. This signifies the official transfer of ownership and immediate access to the property.

This specific term highlights the finality and immediacy of the transaction. It emphasizes that upon signing the last documents and transferring the necessary funds, the buyer is no longer just in the process of purchasing but has full control and possession. This can be a crucial point in negotiations, as it sets a clear expectation for when the buyer can truly take possession of their new home or investment. The phrase encapsulates the moment of transition from seller to buyer, marked by the tangible act of handing over the keys. It's a common understanding in Estonian real estate that this is the definitive end of the sale and the beginning of the buyer's ownership.