kiinteistönkauppaa

Kiinteistönkauppa refers to the legal transaction of buying or selling real estate, typically land and any permanent structures affixed to it. In Finland, this process is governed by strict legal regulations to ensure fairness and transparency for all parties involved. The primary legislation concerning real estate transactions is the Maakaari (Land Code).

A kiinteistönkauppa involves a written contract signed by both the seller and the buyer. This contract must include specific details such as the identification of the property, the purchase price, the payment terms, and the date of possession. It is mandatory for the contract to be witnessed by two individuals who are independent of the transaction.

Before the contract is finalized, the buyer often conducts due diligence, which may include obtaining a title deed, checking for any encumbrances or easements on the property, and potentially arranging for a property inspection. The transfer of ownership is officially registered in the Land Information System maintained by the National Land Survey of Finland.

The purchase price is typically paid in installments, with a deposit usually paid upon signing the contract and the remainder due at the time of ownership transfer. Any disputes arising from a kiinteistönkauppa can be resolved through negotiation, mediation, or, if necessary, legal proceedings. The process aims to protect the rights of both the seller and the buyer, ensuring a secure and well-documented transfer of property.