Commercial and industrial plot in Oulu, from the Annalankangas business area, Annalankankaantie 23, Oulu

Offers must be made by the specified time. The highest bid is the bid the seller has accepted as the highest. It is also possible to participate in the auction in person by submitting a bid to the seller. The seller and the buyer undertake to record all bids in the system. By placing a bid, the bidder accepts these terms of sale.

Inspection of the property

Before making a bid, the bidder is obliged to inspect the property in question, as well as the documents and records. The buyer may not later invoke any matter that could have been discovered during a pre-inspection.

Information provided by the seller

The seller warrants that they have provided the buyer with all information known to the seller and which may reasonably be assumed to affect the sale.

Conclusion of the sale

The sale of the property must be concluded in the form prescribed by the Land Code. The time and place for signing the deed of sale are agreed separately with the buyer. Payment of the purchase price takes place at the closing. The fee for the conveyance witness is paid half by the seller and half by the buyer.

Other costs

The buyer is responsible for transfer tax in accordance with the current tax practice.

Withdrawal from the sale

A party that refuses to proceed with the sale must, under the Land Code, compensate the other party for reasonable costs incurred from advertising, inspecting the property, and other necessary measures related to the sale.