Questions about buying a commercial property

[molly_molly]

Hello guys,

I would like to have some help from the people who has legal knowledges. So I was planning to buy a commercial property from a private seller, and we have been going to sign the sales contract already. But I found right after I told the seller that I decided to buy this property, he sold this place to his own company which is a limited liability company. So now the owner of this place is no long this private owner but his company, and he's not the only shareholder of this company.

My question is if he has the right to sell the property without the other shareholder's agreement? and even if all the shareholders have agreed and signed the sales contract, is there any difference from buying this property from a private holder?

Thank you very much.

[Upphew]

Hello guys,

I would like to have some help from the people who has legal knowledges. So I was planning to buy a commercial property from a private seller, and we have been going to sign the sales contract already. But I found right after I told the seller that I decided to buy this property, he sold this place to his own company which is a limited liability company. So now the owner of this place is no long this private owner but his company, and he's not the only shareholder of this company.

My question is if he has the right to sell the property without the other shareholder's agreement? and even if all the shareholders have agreed and signed the sales contract, is there any difference from buying this property from a private holder?

Thank you very much.

CEO should be able to do the sale. If the company hasn't one then the board. I'd be more wary of hidden faults and the company going belly up. Then again that quick sale to company just before it is sold to you might be incriminating in court.

[betelgeuse]

CEO should be able to do the sale. If the company hasn't one then the board. I'd be more wary of hidden faults and the company going belly up. Then again that quick sale to company just before it is sold to you might be incriminating in court.

Assuming we are talking about actual proper and not shares in a housing company, the "kaupanvahvistaja" should make sure that the agent of the seller has the right to sign for the company. You can do this verification yourself by getting a trade register extract from here:

https://virre.prh.fi/novus/home?userLan ... ution=e1s1