Enforced sale of terraced flat shares, 2 rooms + kitchenette + sauna, Lehtomäki (sales particulars updated on 10 November: viewing time changed and sales period, Kouvola

The property will be sold by bidding in an online auction held on the website www.huutokaupat.com between 10 November and 14 December 2026. Registration is required to participate. The deadline for bids is 14 December 2026 at 12:00 or two minutes after the last accepted bid.

The National Enforcement Authority Finland is not responsible for the functionality of the service provider’s system. The highest bid is the bid that the service provider’s system has accepted as the highest. The enforcement officer will separately decide whether to accept or reject the highest bid.

Bids submitted in the online auction are binding. If a bid is accepted, the bidder must pay the offered purchase price within the stated payment period. Failure to pay the offered purchase price may result in

the buyer’s liability for compensation under Chapter 5, section 25 of the Enforcement Code.

If it is not possible to submit purchase offers through the Huutokaupat.com service, a prospective buyer may submit a written purchase offer to the enforcement authority. This will be included in the online auction as the maximum bid in accordance with the automatic bidding system. The written

offer must be signed and state the bidder’s contact details, maximum amount and the item number on Huutokaupat.com to which the offer relates. A written purchase offer is binding and is subject to the same terms as an online auction bid. The offer must be submitted by 11 December 2026 at 10:00 to the Kouvola office of the National Enforcement Authority Finland, address Vuorikatu 1, 45100 Kouvola, or by email to kouvola.realisointi.uo@oikeus.fi.

The enforcement authority reserves the right to end the sale or extend the sales period.

If the highest bid is accepted, the buyer must immediately pay 20% of the purchase price as a deposit to the National Enforcement Authority Finland’s official bank account. The deposit cannot be paid by credit card. The National Enforcement Authority Finland will contact the highest bidder whose bid has been accepted. The highest bidder must state on whose behalf the bid was made. Otherwise, the highest bidder will be considered the buyer. Acceptance or rejection of the bid will always be notified separately.

Up to six weeks may be granted, if necessary, to pay the balance of the purchase price. The payment period will be notified separately. If a payment period is used, annual interest pursuant to section 3(2) of the Interest Act is payable on the entire purchase price throughout the agreed period, from the date of sale until the payment period ends. If no payment period is used, the purchase price must be paid without delay after acceptance of the bid.

If payment is not made within the prescribed period, the buyer must pay default interest pursuant to section 4(1) of the Interest Act on the entire purchase price until it has been paid or a new sale has been conducted. The current default interest rate is 9.50%.

Liabilities and rights transferred to the buyer

According to the property manager’s certificate dated 3 November 2026, maintenance charge arrears and comparable arrears, together with other receivables of the housing company, total EUR 6,923.75 as at 3 November 2026.

The housing company took possession of the flat on 5 March 2026. As the flat has been taken into the company’s possession, the new owner has the right under the Limited Liability Housing Companies Act to obtain possession before the possession period ends by paying, with interest, all costs arising from taking possession, costs incurred by the company for repairing the flat, unpaid maintenance charges and those charge instalments falling due for payment by the shareholder during the possession period (Limited Liability Housing Companies Act, Chapter 8, sections 7 and 6(2)).

If the buyer does not pay the housing company’s receivables in full, the housing company’s decision to take possession will bind the buyer, and the company will continue renting out the flat to cover its receivables. The buyer’s personal liability for maintenance charge arrears arising during the previous owner’s ownership is then determined under Chapter 3, section 7 of the Limited Liability Housing Companies Act. The new owner is jointly and severally liable with the previous owner for maintenance charges neglected by the previous owner and for other charges referred to in Chapter 3, section 2(2) of the Act. The maximum liability equals the maintenance charge for the month in which title transferred and the five immediately preceding months.

The amount of the above receivables changes monthly, and default interest also accrues on overdue receivables. The amount of the receivables will be updated when the sale becomes legally final.

The housing company has rented out the flat from 1 May 2026 under a fixed-term tenancy agreement for 12 months, after which the tenancy would continue until further notice. The rent is EUR 520.00/month + a water charge of EUR 20.00/person/month. Under Chapter 8, section 6 of the Limited Liability Housing Companies Act, the tenant’s right to possess the flat ends without notice at the latest when the company’s possession period ends, regardless of the agreed term of the tenancy.

The binding effect of the tenancy agreement on the flat’s owner is determined under Chapter 5, section 39 of the Act on Residential Leases. This tenancy agreement binds the new owner and cannot be terminated on the grounds that the shares were sold in a sale conducted by an enforcement officer. If the buyer pays the company’s overdue receivables relating to the flat, the buyer will become the landlord in place of the company without a separate agreement, while the tenancy continues on its existing terms. Termination of the tenancy is governed by the Act on Residential Leases.

In addition to the purchase price payable in cash, the buyer will assume the housing-company loan share of EUR 8,055.97 relating to the flat, as at 31 October 2026. The housing-company loan amount will be updated when the sale becomes legally final. The housing-company loan share relating to the flat remains payable by the buyer and is not paid from the purchase price.

PLEASE NOTE! None of the housing company’s receivables encumbering the flat will be paid from the purchase price. The purchase price is therefore not a so-called debt-free price. The buyer must personally ensure payment to the housing company of the obligations relating to the flat for which the buyer is responsible.

Bids submitted in the online auction must take these matters into account.

The property has been distrained and will be sold by a free sale conducted by the enforcement officer, applying, where appropriate, the general auction terms laid down in the Enforcement Code.

The sales particulars are indicative and do not provide a comprehensive description of the property for sale. Buyers are advised to examine the property, sales particulars and attached documents carefully before bidding. The buyer must independently assess the condition of the flat and the renovations required, taking into account at least their own observations during the viewing.