The plots are offered for sale without a reserve price. The property will be sold to the highest bidder at the end of the auction. However, the municipality reserves the right, for justified reasons, to interrupt the sale procedure, reject bids or leave the property unsold.
Bids must be submitted by the specified time. Bids are submitted electronically through the Huutokaupat.com system. The auction may also be attended in person by submitting a bid to the seller on site. The seller and buyer undertake to record all bids in the system.
The highest bidder must, within 3 days of the end of the auction, pay a deposit of EUR 500 (five hundred euros) into the account specified by the municipality. If the highest bid for the plot is less than EUR 500, the portion of the deposit exceeding the purchase price will be refunded. The deposit will not be refunded if the sale falls through for a reason not attributable to the seller. The deposit will be credited in full against the purchase price of the plot.
By submitting a bid, the bidder accepts these terms of sale and the current auction terms of Huutokaupat.com.
Inspection of the property
Before submitting a bid, the bidder must familiarise themselves with the plot, its location, terrain conditions and the documents attached to the listing. Viewings by agreement.
The bidder is solely responsible for obtaining all information necessary for their purchase decision before submitting a bid. The buyer may not subsequently invoke a circumstance that could have been detected during a prior inspection.
The plot is sold in the condition in which it is at the time of completion of the sale. By submitting a bid, the bidder accepts the property as is.
Information provided by the seller
The seller warrants that they have provided the buyer with all information known to the seller that may be presumed to affect the sale.
The following additional documents are available: a property register extract, map extract, encumbrance certificate and title certificate. The documents will be provided on request.
The final terms for the transfer of the plot are determined by the deed of sale. If there is any discrepancy between the sales listing, the attached documents and the deed of sale, the terms of the deed of sale shall prevail.
Construction obligation
The buyer undertakes to build a residential building on the plot in accordance with the detailed plan, building regulations, construction guidelines and approved plans, and to complete it so that the authority inspecting the building can conduct an acceptable commissioning inspection no later than 3 years from the signing of the deed of sale.
Construction method
Construction must comply with the current detailed plan.
Transfer of an undeveloped plot
An undeveloped plot may not be sold or otherwise transferred without the municipality’s written consent. A contractual penalty may be imposed for breach of the construction obligation or restriction on further transfer, as specified in more detail in the transfer document.
Connections and other costs
The buyer is responsible for carrying out the soil surveys related to planning the construction project and for the structural solutions required by the soil conditions for implementing the project.
The buyer is responsible for connection fees in accordance with the tariffs in force from time to time, as well as for electricity, telecommunications and other connections.
The buyer is responsible for transfer tax, title registration costs, property subdivision costs, costs of certifying the sale and other official charges related to the property transaction. The municipality is responsible for taxes and charges imposed on the property until ownership is transferred, after which responsibility passes to the buyer.
Location of cables and equipment
The property owner permits cables, equipment and structures serving the community or property to be placed on the property in accordance with applicable legislation. Any inconvenience or damage will be compensated as separately agreed.
Transfer of the plot
A separate decision on the transfer of the plot will be made in accordance with the municipality’s current delegation of authority. The deed of sale must be signed within three (3) months of the sale decision.
The purchase price of the plot and the plot subdivision costs must be paid before the deed of sale is signed. In addition, the buyer shall pay the fee of the certifier of the sale directly to the certifier when the deed of sale is signed.
Ownership and possession pass to the buyer when the purchase price has been paid and the deed of sale has been signed.
Withdrawal from the sale
A party who, after an accepted bid, refuses without legal grounds to complete the sale must, in accordance with the Code of Real Estate, compensate the other party for reasonable costs incurred through advertising, inspecting the property and other necessary actions related to completing the sale.