Processes of sale in the Nordic countries : comparisons

Mattsson, Hans

This paper goes through sale and purchase of real property in the five Nordic countries, but with focus on Denmark, Finland and Sweden. The comparison is then used to develop a standard model, i.e. the most interesting characteristics from the three mentioned countries are combined to a process model. The model gives priority to simplicity from a buyer and seller perspective. From a European perspective it might also be worth noting that there are no requirements for notaries participating in purchase and mortgage. This contributes to the possibility of keeping the transaction costs low. The paper is a translated extract from the chapter KKp- och avstyckningsprocesser i Nordenjjmffrelserr (in translation Processes of sale and purchase and subdivision in the Nordic countries comparisons) written by Hans Mattsson. The chapter is part of the book Dannelse og transaktioner vedrrrande fast ejendom i de nordiske landee, Kort- och Matrikelstyrelsen 2006, Copenhagen (a joint Nordic publication by several different authors). The intention is that the entire book shall be translated into English.

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