The Finnish housing company model is unique worldwide
The Limited Liability Housing Companies Act secures living in a housing company When you buy an apartment in a Finnish housing company, you become the shareholder of only your own apartment. The building itself is owned by the housing company.However, the shareholders’ rights are ample and well-protected. The Limited Liability Housing Companies Act contains regulations on decision-making, maintenance and repairs, the charge for common expenses and the structure of the housing company.The mandatory Articles of Association are an important companion to the legislation. These two