Register your ownership of a property

15/04/2019

Procedure in Finland

When a piece of land is transferred from one owner to the next, the new owner must register his or her ownership of, or title to, the property. This is done by applying for a registration of title. Only a property whose ownership has been registered can be used as security for a loan. The registration of title is entered into the public title and mortgage register. Once title to a property has been registered, the new owner is shown on the certificate of title.

A piece of land is a property or an unseparated parcel or designated share of a property. Ownership can be transferred through a sale, as a gift, through the distribution of matrimonial assets or by inheritance.

It is worth preparing carefully before buying a property. 

SOURCE: National Land Survey of Finland Read more here