In May of last year, we described the Finnish apartment ownership system very briefly. We told you that it was based on owning shares in a limited liability housing company. In this blog, we’ll explain what happens in the annual meeting of that company and why attending it matters.
Buying an apartment in a foreign country can be daunting if one doesn’t know or understand the legal framework around home ownership in one’s new country. We thought we’d explain very briefly how apartment ownership in Finland is organized, and how that ownership system influences the maintenance and repair of owner-occupied apartment buildings.