Purchase of Real Property in Finland

    Research output: Chapter in Book/Report/Conference proceedingChapterScientificpeer-review

    2 Citations (Scopus)

    Abstract

    In this article, the process of purchasing real property in Finland is treated. The owner of a real property may sell it freely by him/herself but normally a commission with a real estate broker for selling the property is made. A written sales contract must be signed by the seller, the buyer, and by a public purchase witness. The buyer must take care of the registration of the deed (apply title) and pay the transfer tax (four per cent). The commission fee to the broker (about 4 per cent + VAT) is normally paid by the seller.
    Original languageEnglish
    Title of host publicationThe Onthology and Modelling of Real Estate Transactions
    EditorsHeiner Stuckenschmidt, Erik Stubkjaer, Christoph Schlieder
    Place of PublicationGreat Britain
    PublisherAshgate Publishing Limited
    Pages55-65
    ISBN (Electronic)9781315237978
    ISBN (Print)9780754632870
    Publication statusPublished - 2003
    MoE publication typeA3 Part of a book or another research book

    Keywords

    • real property
    • registration
    • transaction

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