Seized apartment share, Kotka

Specific terms of sale

How to place bids

The lot will be sold by incremental bids in an online auction on the website www.huutokaupat.com during 27 November 2025–17 December 2025. Participation requires registration. The deadline for placing bids is 17 December 2025 at 18:00 or three minutes after the last accepted bid.

The Enforcement Authority is not responsible for the service provider’s system availability. The highest bid is the one the service provider’s system has accepted as highest. The enforcement officer will separately decide whether to accept or reject the highest bid.

Bids placed in the online auction are binding. If a bid is accepted, the bidder is obliged to pay the offered purchase price within the agreed payment period. Failure to pay the offered purchase price may give rise to buyer’s liability under section 25 of Chapter 5 of the Enforcement Code.

If it is not possible to submit bids via the Huutokaupat.com service, a prospective buyer may submit a written purchase offer to the enforcement authority, which will be attached to the online auction as the maximum bid according to the automatic increment. The written offer must be signed and must state the bidder’s contact details, the maximum amount of the offer and the Huutokaupat.com lot number. A written offer is binding and is subject to the same terms as bids in the online auction. The offer must be submitted no later than 11 December 2025 at 12:00 to the Enforcement Authority’s Kotka office, Vuorikatu 5 C, 48100 Kotka, or by e‑mail to kouvola.realisointi.uo@oikeus.fi.

The enforcement authority reserves the right to end the sale or to extend the sale period.

A written purchase offer is binding. The written offer must be signed and must show the offeror’s contact details, personal ID or business ID, the maximum offer amount and the Huutokaupat.com lot number to which the offer applies.

Payment terms

Deposit

If the highest bid is accepted, the buyer must immediately pay a deposit of 20% of the purchase price to the Enforcement Authority’s official escrow account FI93 8129 9710 0163 61. When paying to the escrow account, use reference RF36 3560 0001 8662 52. The deposit cannot be paid by credit card. The Enforcement Authority will contact the bidder whose bid was accepted. The highest bidder must state on whose behalf the bid was made; otherwise the highest bidder will be regarded as the buyer.

Payment period

A payment period may be granted until 8 January 2026 if needed. Use of a payment period must be agreed separately. If a payment period is used, annual interest shall be charged on the whole purchase price in accordance with section 3(2) of the Interest Act for the agreed payment period from the sale date until the payment period ends.

If no payment period is used, the purchase price must be paid immediately after acceptance of the bid.

If payment is not made within the time limit, the buyer must pay default interest in accordance with section 4(1) of the Interest Act on the whole purchase price until the purchase price is paid or a new sale has been completed.

Obligations and rights transferred to the buyer

1. Personal liability of the new owner for the previous owner’s unpaid maintenance charges and other payments:

Under section 7 of Chapter 3 of the Housing Companies Act, the new owner is jointly liable with the previous owner for the previous owner’s unpaid company maintenance charges and other payments referred to in section 2(2) of Chapter 3. The maximum liability equals the total amount of the maintenance charges and payments for the month in which ownership transferred and the five months immediately preceding it. The new owner is not liable for any unpaid maintenance charge or payment of the previous owner that is not stated in the manager’s certificate and was due before the date of that certificate.

According to the property manager, joint maintenance arrears total €1,871.54 as at 30 November 2025.

The apartment was taken into the housing company’s possession on 26 June 2025 for a period of three years. The new owner has the right under the Housing Companies Act to obtain possession of the apartment before the end of that period if the buyer pays the costs caused by taking the apartment into possession, any repair costs charged to the company for the share apartment, and unpaid maintenance charges and those maintenance instalments that fall due during the period of possession.

According to the property manager, unpaid maintenance charges relating to the apartment total €16,908.22 as at 30 November 2025.

Maintenance arrears will not be paid from the purchase price. The amount of maintenance arrears will be rechecked at the time of sale, as it may change during the sale.

2. Loan shares attached to the apartment:

In addition to the cash purchase price, the buyer will assume the apartment’s share of the company loans totalling €3,930.18 as at 30 November 2025.

The company loan share attached to the apartment remains payable by the buyer and will not be deducted from the purchase price.

The buyer is responsible for ensuring fulfilment of the apartment-related obligations owed to the housing company. Bids in the online auction should be calculated taking these matters into account.

Transfer tax

The buyer is obliged to pay transfer tax of 1.5%. The tax is calculated on the total of the purchase price and the buyer’s assumed obligations on the date of transfer of ownership.

Transfer of possession and ownership

The buyer will receive possession of the lot once the full purchase price and any buyer-liable obligations have been paid. The buyer must not use the property in a way that reduces its value before receiving the deed of sale. The buyer will obtain ownership upon receiving the deed. The deed will be handed over when the sale is legally binding and the full purchase price and transfer tax have been paid.

Other information

Participants in the online auction are advised to ensure that their contact details registered with www.huutokaupat.com are up to date. As a rule, the person who made the accepted online bid becomes the buyer and new owner. If a bidder has made a bid wholly or partly on behalf of another, they must present a power of attorney or other proof of authority. If the highest bidder has made the bid on behalf of another, the buyer’s details and the power of attorney must be submitted immediately after acceptance by e‑mail to kouvola.realisointi.uo@oikeus.fi. Otherwise the sale decision and deed will be made for the party that placed the highest accepted bid.

The property is seized and will be sold by free sale carried out by the enforcement officer in accordance with the general auction terms laid down in the Enforcement Code where applicable. The sales brochure is indicative and not a comprehensive description of the lot.

Buyers are urged to familiarise themselves carefully with the lot, the sales brochure and the attached documents before making a bid.