Laki vuokra-asuntojen korkotukilainalla rahoitetuista osaomistusasunnoista | 232 — Finland law | Esheria

Laki vuokra-asuntojen korkotukilainalla rahoitetuista osaomistusasunnoista

Chapter heading: general provisions.

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Jurisdiction
Finland
Instrument
Act or statute
Citation
232
Version
Undated source snapshot
Language
fi
Official source
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accounting bank accounts co-ownership co-ownership agreement co-ownership agreements co-ownership housing construction loan contract content contract form contract termination decision-making authority definitions effective date fee calculation housing housing association charges housing finance housing shares lease agreements lease termination leases loan balance maintenance fee ownership shares +16 more

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Statute overview

About this statute

Chapter heading: general provisions. This section says the law applies to certain rental apartments financed under a housing-interest-subsidy loan, when there is also a separate agreement on the sale of a minority share of the shares giving rights to control the apartment. This section defines several terms used in the Act. A co-ownership agreement must be made in writing or electronically so its contents cannot be changed unilaterally and it remains available to both parties. The minority owner’s share is capped at 20% when the co-ownership arrangement is first set up, and later must stay below half of the shares entitling possession of the apartment when possession is based on a residential lease.