asuntoosakeyhtiömuotoisesta

Asuntoosakeyhtiömuotoinen refers to a form of housing company ownership common in Finland. In this system, a housing company (asunto-osakeyhtiö) owns the real estate, and individuals purchase shares in the company. Owning shares in the housing company grants the shareholder the right to exclusively use a specific apartment or commercial space within the property. This right is documented in the company's articles of association.

The housing company itself is responsible for the upkeep, maintenance, and management of the entire building and its common areas. Shareholders are obligated to pay a monthly housing company fee (hoitovastike), which covers these expenses, as well as potential loan repayments for the building. Decisions regarding the property are made at general meetings of shareholders, where each share typically carries voting rights.

This ownership model differs from direct property ownership where an individual owns both the physical space and the land it stands on. Asuntoosakeyhtiömuotoinen ownership means that the shareholder owns a piece of the company that owns the property, rather than the property itself. This structure can simplify property management and can be a common way for people to acquire housing.