asuntooikeus

Asuntooikeus, in Finnish property law, is a legal right to reside in a specific dwelling within a housing company or similar housing arrangement. It is a form of occupancy right that is distinct from full ownership of the dwelling (asunto-osake) and from a pure tenancy. The right is typically granted by a housing company or other housing organization and is tied to a particular apartment or unit.

The legal foundation for asuntooikeus comes from the housing sector legislation and the terms set out in the housing company’s articles of association and occupancy contracts. The exact scope, duration, transferability, and termination of the right are defined in these instruments and in applicable laws. In practice, a holder of asuntooikeus has the exclusive right to occupy the dwelling but does not own the property itself, nor does the right automatically confer ownership of the shares in the housing company.

Rights and obligations of the holder focus on use and upkeep. The occupant can use the dwelling and shared spaces in accordance with the housing company rules, and must pay applicable charges such as maintenance and service fees. The right may be transferable or inheritably, depending on contractual terms and regulatory provisions. The value of asuntooikeus is influenced by factors like location, condition, and the remaining duration of the right, and it can be bought, sold, or otherwise transferred under agreed terms.

Asuntooikeus is most common in Finland’s housing sector, where it provides an alternative to full ownership or tenancy, offering a secure occupancy arrangement within a housing company framework.