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2 DIFFERENT TYPES OF PROPERTY
OWNERSHIP IN FINLAND
Ever thought of moving to Finland? Or investing into Finnish property market?
If you have or you might be interested to do so in the future, take a look at this
infographic. It will show you which are the two typical ways for private persons to
invest into property located in Finland.
Property Shares of MREC
Direct propert
ownership
Owner owns the land
and buildings on it.
Indirect propert ownership
Owner owns the shares of a
mutual real estate compan
MREC . This allows the owner
to possess the premises which
are allocated in the articles of
association. The land and
building are owned b the
MREC.
Ownership
The owner can decide how
the propert is managed
and upkept in owner's own
cost
In MREC decisions are made b
the different organs of the MREC
namel :
Shareholders' meeting
Board
Propert manager
Shareholders pa charges for use
and in some cases charges for
financial costs to the MREC
Decisions
Transactions must be
e ecuted according to
specific procedure set b
law. Otherwise
transaction is not binding.
There are no specific rules for
procedure but it is
recommended that a written
agreement is made between
the parties.
Transactions
sopimuspohja.com
FOR PRIVATE PERSONS

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Real Estate Finland

  • 1. 2 DIFFERENT TYPES OF PROPERTY OWNERSHIP IN FINLAND Ever thought of moving to Finland? Or investing into Finnish property market? If you have or you might be interested to do so in the future, take a look at this infographic. It will show you which are the two typical ways for private persons to invest into property located in Finland. Property Shares of MREC Direct propert ownership Owner owns the land and buildings on it. Indirect propert ownership Owner owns the shares of a mutual real estate compan MREC . This allows the owner to possess the premises which are allocated in the articles of association. The land and building are owned b the MREC. Ownership The owner can decide how the propert is managed and upkept in owner's own cost In MREC decisions are made b the different organs of the MREC namel : Shareholders' meeting Board Propert manager Shareholders pa charges for use and in some cases charges for financial costs to the MREC Decisions Transactions must be e ecuted according to specific procedure set b law. Otherwise transaction is not binding. There are no specific rules for procedure but it is recommended that a written agreement is made between the parties. Transactions sopimuspohja.com FOR PRIVATE PERSONS