The plots are offered for sale without a reserve price. The property will be sold, once the auction has ended, to the highest bidder. However, the municipality reserves the right, for justified reasons, to suspend the sale procedure, reject bids or not sell the property.
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 €500 (five hundred euros) into the account specified by the municipality. If the highest bid for the plot is less than €500, the portion of the deposit exceeding the purchase price will be refunded. The deposit will not be refunded if the sale is cancelled 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.
Inspecting 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 purchasing decision before submitting a bid. The buyer may not subsequently rely on 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 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 which may reasonably be expected to affect the sale.
The following additional documents are available: a land register extract, map extract, certificate of encumbrances and title certificate. The documents will be provided on request.
The final terms of transfer of the plot are determined by the deed of sale. If there is any discrepancy between the sale listing, attached documents and the deed of sale, the terms of the deed of sale shall prevail.
Building obligation
The buyer undertakes to construct and complete on the plot a residential building in accordance with the local detailed plan, building regulations, building guidelines and approved plans, so that the inspecting authority can carry out an acceptable commissioning inspection within 3 years of signing the deed of sale at the latest.
Construction method
Construction must comply with the current local 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 breaching the building 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 required for planning the building project and for the structural solutions required by the soil conditions for implementing the project.
The buyer is responsible for connection charges in accordance with the tariffs in force from time to time, as well as for electricity, telecommunications and other connections.
In the Koskoisten residential area, the sewer connection is purchased from the sewer cooperative.
The buyer is responsible for transfer tax, title registration costs, property subdivision costs, authentication fees and other official charges related to the property transaction. The municipality is responsible for taxes and charges levied on the property until ownership is transferred, after which responsibility passes to the buyer.
Placement 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 in a manner agreed separately.
Transfer of the plot
A separate decision on the transfer of the plot will be made in accordance with the municipality’s current delegations 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 public purchase witness directly to the witness 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 and without lawful grounds, refuses to complete the sale must, under the Code of Real Estate, compensate the other party for reasonable costs incurred through advertising, inspecting the property and other necessary measures related to completing the sale.