Three steps OF buying an apartment
Please fill out a reservation application to reserve your apartment.
You can reserve the apartment for up to 30 calendar days.
This period will be used to prepare and sign a notarised contract under the law of obligations or a real right sale contract, depending on the construction stage of the building.
CANCELLATION/EXTENSION OF RESERVATION
You can cancel your reservation within 30 days from submitting a written reservation application. If you would like to cancel, please send a written application to the sales representative.
Note! If a customer fails to respond to the letters and phone calls of the sales representative or does not submit the necessary details for a sale contract during the reservation period, the representative of YIT has the right to unilateral cancellation of reservation. The term of reservation can be extended by an agreement with the sales representative.
2. ENTRY INTO A CONTRACT UNDER THE LAW OF OBLIGATIONS
The contract of sale under the law of obligations will be signed within 30 days from submission of the reservation application.
At the time of signing this contract, the customer pays 20% of the total price of apartment ownership.
3. ENTRY INTO A REAL RIGHT CONTRACT
The real right contract will be signed after the completion of construction and inspection by the customer.
At the time of signing the real right contract, the customer pays 80% of the total price of apartment ownership. By entering into this contract, the buyer becomes the owner of the object(s) of contract.
Price of contract
+ Interior finishing
+ Connection to power grid
+ Connection to water supply and sewerage systems
- Notary and state fees associated with the sale contract
- Connection to a telephone network
- Connection to a cable or digital TV network
AS YIT Ehitus provides a warranty covering compliance of completed construction, materials and installed equipment with the quality requirements applicable in the Republic of Estonia.
If you have any warranty-related questions, please send an e-mail email@example.com.
WHAT YOU SHOULD KNOW ABOUT RESIDENTIAL SPACE ACQUIRED BY BUSINESSES
The rules regarding the taxation of real estate transactions are very complicated. Therefore, companies that use residential space for their business activities often have questions about how a particular transaction is taxed. In order to help you orient in the complicated taxation landscape, we are herewith providing a short survey of the rules prescribed in various laws, which should taken into account when calculating the taxes related to residential space that is used for business purposes. For more information, see: What you should know about residential space acquired by businesses.