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Act on the Right to Transfer State Real Estate Assets (No. 973 of 2002).

Country/Territory
Finland
Document type
Legislation
Date
2002
Source
FAO, FAOLEX
Subject
Land & soil
Keyword
Public land Transfer Lease
Geographical area
Arctic, Europe, Europe and Central Asia, European Union Countries, North-East Atlantic, Northern Europe
Abstract

This Act provides for the transfer of State real estate assets (including land and water areas), the leasing out of State land assets and the grant of special rights. It applies to State agencies and institutions and the enterprises referred to in the State Enterprise Act (627/1987) and to some other public institutions. The Act, among other things, sets out the terms on which state real assets may be transferred or leased out. The decision to transfer State real estate assets is made by the Government, but ministries may, within their spheres of administration, decide on transfer of assets of which the value does not exceed five million euro.

Full text
English/Swedish
Website
www.finlex.fi

References - Legislation

Implemented by

Government Decree on the Acquisition, Possession and Management of State Real Estate Assets (No. 1070 of 2002).

Legislation | Finland | 2002

Keyword: Land tenure, Public land, Institution, Cadastre/land registration, Transfer

Source: FAO, FAOLEX