esteriyhdistys
Esteriyhdistys is a term of Finnish origin that generally translates to "estate association" or "real estate association." It refers to a cooperative or legal entity formed by property owners, typically in a residential or commercial setting, to manage and maintain common areas and shared facilities. These associations are common in Finland, particularly in apartment buildings and housing complexes. The primary purpose of an esteriyhdistys is to ensure the smooth operation, upkeep, and improvement of the property for the benefit of all its members. Membership in an esteriyhdistys is usually mandatory for property owners within its jurisdiction.
The responsibilities of an esteriyhdistys can vary but often include managing finances, collecting fees or dues