kiinteistövälityslaki

Kiinteistövälityslaki, or the Real Estate Brokerage Act, is a Finnish law that governs the activities of real estate agents and brokers. The primary purpose of the act is to ensure consumer protection and to regulate the professional conduct of individuals involved in real estate transactions.

The law outlines the requirements for obtaining a real estate agent's license, which includes specific educational qualifications and professional experience. It also details the ethical obligations that agents must adhere to, such as honesty, impartiality, and the duty to act in the best interest of their clients. This includes providing accurate information about properties and clearly explaining all aspects of a transaction.

Furthermore, the Kiinteistövälityslaki establishes rules regarding the handling of client funds and the disclosure of potential conflicts of interest. It defines the scope of services that a real estate agent can offer and sets limits on commission fees. The law also provides mechanisms for resolving disputes between clients and agents, often through the Consumer Disputes Board. Compliance with this legislation is overseen by relevant authorities to maintain a trustworthy real estate market.