Tervalampi: Shore parcel, variance permit for a residential building, Vihti

Before making an offer, the bidder is obliged to inspect the plot and the attached documents and records. The buyer may not later rely on any matter which could have been noticed during a prior inspection or by investigation.

The final highest offered purchase price requires approval by the Vihti municipal board and a separate sales decision. The municipal board has the right to accept or reject the highest offered price.

Conditional offers will not be accepted.

Information provided by the seller

The municipality of Vihti confirms that it has given the buyer all information the seller knows and that can be assumed to affect the sale.

Other costs

The buyer shall pay the fee for the transaction confirmer (€138), transfer tax, and property formation costs of €1,200. The property formation fee is included when determining the transfer tax: (purchase price + property formation fee) * 3% = transfer tax payable.

The buyer is responsible for dividing the plot at their own cost.

The buyer is responsible for the costs of establishing and maintaining road access.

The buyer is responsible for carrying out ground investigations related to the building project and for any structural solutions required by the ground conditions. The buyer is authorised in the sales decision to carry out necessary ground investigations at their own cost.

The buyer is responsible for the design and implementation of required water and sewer systems at their own cost, as well as for the property’s electrical connection and any costs arising from constructing power lines.

Right of access by road

The seller will grant the plot the necessary road access across land owned by the seller.

Building obligation

The sold plot carries a building obligation: the buyer undertakes to construct a residential building on the plot within five (5) years of the sale to such a level of completion that the building control authority can carry out an acceptable final inspection under section 122 of the Building Act or an acceptable partial final inspection under section 123. If the buyer neglects the building obligation, they must pay the seller a contractual penalty equal to 20% of the plot purchase price for each commenced year of delay for five (5) years, until the obligation has been fulfilled.

Resale and transfer of the plot

The buyer undertakes not to sell or otherwise transfer the plot as undeveloped unless the municipality gives written consent. If the buyer transfers the plot undeveloped contrary to this agreement, the buyer shall pay the seller a contractual penalty equal to 100% of the plot’s sale price as a single payment.

The deed of sale must be signed within three (3) months of the sale decision becoming final. If the deed of sale is not signed within three (3) months of the final sale decision, the sale decision will lapse.