Digitalization has now proceeded to apply for housing companies, and the National Land Survey of Finland, which is focused on maintaining registers for properties and apartments, has published an electronic register for housing company shares.
”This is an extensive digitalization project concerning housing companies and residential properties. The aim is that we can get rid of the paper share certificates in the future”, says Jorma Turunen, Program Manager at National Land Survey of Finland.
”Actions related to housing companies are aimed to made easier through digitalization, for all parties. This project concerns housing companies and the management of them, aka the boards of housing companies, estate managers, buyers and sellers, real estate agents and banks which are all parties in real estate business”, Turunen lists.
Access to information improves for citizens when the information of the owners of residential properties and the pledges on them can be found from an electronic register maintained by an official. However, it is not really a public service open to all, but a register that contributes to the digitalisation of the whole sector.