Bankruptcy estate selling a shareholding apartment managed by a housing company, Espoo

The seller reserves the right to accept or reject the highest bid.

Asianajotoimisto Kontturi & Co Oy is not obliged to accept the highest bid received; the seller may, at their discretion, accept or reject the highest bid.

The shares in the housing company are sold in a transaction between the buyer and seller, and huutokaupat.com is not a party to the transaction in any way.

No deposit is payable for the property.

If the buyer withdraws from the transaction, or the transaction otherwise fails to proceed for reasons attributable to the buyer, the buyer shall pay the seller liquidated damages of EUR 1,000, but no more than 4% of the purchase price corresponding to the bid.

Asianajotoimisto Kontturi & Co Oy is responsible for preparing the deed of sale and the costs of preparing it. The buyer is responsible for the costs arising from registering ownership and transferring the share certificate. The buyer is also responsible for paying the transfer tax arising from the transaction.

Under Chapter 2, Section 8 of the Housing Companies Act (1599/2009), a decision to take possession of the apartment was made at an extraordinary general meeting on 17 July 2025. The apartment has been taken into possession for three years from 1 March 2026. The apartment is currently let. The current amount of unpaid maintenance charges and other costs must still be verified with the property manager on any possible completion date. To obtain possession of the apartment, the buyer must settle all unpaid maintenance charges.

Ownership of the shares conferring title to the apartment passes from the seller to the buyer once the seller and buyer have signed the deed of sale and the buyer has paid the purchase price to the seller. The right of possession passes to the buyer only once the buyer has paid the housing company its overdue maintenance charge receivables in accordance with Chapter 8, Section 7 of the Housing Companies Act. The buyer shall pay the purchase price corresponding to the accepted bid to the seller at the signing of the deed of sale. Asianajotoimisto Kontturi & Co Oy and the buyer shall agree separately on the time for signing the deed of sale.

The property is sold in the condition and with the equipment it has as described in the listing and at the time of the transaction. The buyer has no right of exchange or return.

No warranty is provided for the property. The property has no right of exchange or return. The descriptions in the listing are solely the seller's estimates of the property being sold. Anyone participating in the auction must inspect the property themselves before making a binding bid. By submitting a bid, the bidder accepts the property in its existing condition.

Bids must be submitted by the time specified by the seller. The highest bid is the bid that the seller has accepted as the highest. Asianajotoimisto Kontturi & Co Oy is not responsible for the faultless operation of the huutokaupat.com system.

According to the property manager's certificate dated 5 October 2026, the maintenance charge is EUR 200.20 per month and the capital charge is EUR 666.00 per month. The total housing company charge is therefore EUR 866.20 per month. The water charge advance is EUR 22 per person per month, and the sauna charge is EUR 20.

The auction can also be attended in person by submitting a written binding bid to the seller on site. All bids will be registered as public in the property's listing.

For further information, please contact veikko.haimila@kontturi.fi by email or call +358 400 385 885.

Liabilities transferred to the buyer

According to the property manager's certificate dated 5 October 2026, the apartment is subject to a housing company loan share of EUR 98,447.74. As the new owner, the buyer assumes responsibility for the housing company loan share.

According to the property manager's certificate dated 5 October 2026, overdue and outstanding maintenance charges total EUR 16,446.39.

Under Chapter 3, Section 6 of the Housing Companies Act (1599/2009), the new owner of the shares in a housing company is liable for paying the housing company charge from the date ownership passes.

Under Chapter 8, Section 7 of the Housing Companies Act, where the shares pass to a new owner after a decision has been made to take possession of the apartment, the new owner obtains possession of the apartment after paying the company's overdue receivables.

The buyer must therefore pay the company a total of EUR 16,449.39 to obtain possession of the apartment.

The buyer must note that, despite payment of the unpaid maintenance charges and the transfer of ownership and possession, the tenancy agreement entered into by the housing company for the period of possession may also bind the new owner. The sale of the shares and payment of the unpaid maintenance charges therefore do not terminate the tenancy agreement. The rent for the apartment is EUR 650 per month + a water charge of EUR 22. The tenancy agreement is provided in more detail as an attachment to the listing.

The buyer must also note that further unpaid maintenance charges and housing company loan shares may arise during the sale process, and that the amount of the housing company loan share and maintenance charge debt transferred to the buyer's responsibility will be confirmed at the time the deed of sale is signed. The buyer makes a binding bid aware of this fact.

Note! The housing company loan share encumbering the property and the housing company's maintenance charge receivables are not deducted from or paid out of the purchase price at all. The purchase price is therefore not a so-called debt-free price. The buyer must pay the housing company's receivables directly to the housing company, and the housing company loan share attached to the shares passes in full to the buyer's responsibility upon completion of the transaction. The buyer must set their auction bid with these matters in mind. By making a bid, the buyer accepts that receivables of the housing company that become the buyer's responsibility under the Housing Companies Act will not be paid from the purchase price, even in part; instead, the buyer must pay the purchase price to the seller and, in addition and independently of it, the maintenance charge receivables transferred to the buyer's responsibility to the housing company. The buyer has no right whatsoever to recover from the seller any unpaid maintenance charges paid to the housing company, or to make any other claims against the seller in connection with them.