Most important concepts in a nutshell
Assignment
Landlords may rent their properties either directly or through a rental agency. Vuokraturva is a market leader in renting properties in the Helsinki region and a member of the National Association of Real Estate Agents (Suomen Kiinteistönvälittäjäliitto). When you give an assignment to Vuokraturva, we take care of everything for you. You do not have to go through the trouble of looking for a tenant or worry if everything is legally correct in the tenancy agreement or if you can safely give your property to the tenant that you have chosen.
The process of renting your property through Vuokraturva starts with our agent and you signing a written agreement on renting your property. Vuokraturva’s assignments are always in keeping with good rental agency practices. This means that our assignments always meet the legal regulations concerning rental property agencies. The agreement is always made in two identical copies, one for each contracting party.
Once you have authorised us to rent your property, we will actively start marketing it and looking for a tenant. Our service includes the inspection of the property, estimate of the right rent level, marketing the property, arrangement of viewings, checking applicants’ backgrounds, negotiating and making the rental agreement, handing over the keys and checking that the security deposit is in order. As an extra assurance of the quality of our work, you will be provided a Vuokraturva-sopimus guarantee, i.e. an additional rent guarantee for the first year, in addition to the normal rent security deposit.
For more information on our service or the conditions of the agreement, please call +358 10 2327 300 or send an email to asiakaspalvelu@vuokraturva.fi
Tenancy agreement and duration of tenancy
It is important to know the laws regulating tenancy agreements. For the landlord, it is wise to remember that the terms and conditions of the tenancy agreement must comply with the law regulating property rental and with good practices. If you authorise Vuokraturva to rent your property, Vuokraturva will prepare the tenancy agreement for you and you can be sure that it contains nothing contrary to the law.
A non-fixed-term tenancy agreement will remain in force until it is terminated by the landlord or tenant.
In tenancy agreements drafted prior to the entry into force of amendments to the Act on Residential Leases on 1 October 2026, it is a very common practice to agree that the first possible start date for the notice period is approximately one year from the date on which the lease starts. This term will remain in force in such tenancy agreements even after the amendment of the Act on Residential Leases.
It is possible to agree that the tenancy agreement will initially be fixed-term and subsequently continue as a non-fixed-term tenancy agreement.
The tenancy agreement must contain the start date of the agreement and the date on which the right of possession is transferred.
Security deposit
Nowadays, a security deposit is required almost without exception. The purpose of the security deposit is to prevent problems during the tenancy and to help the landlord deal with possible problems more easily.
It is advisable to agree that the security deposit acts as contractual security. In this case, the security deposit will also cover more than just rent arrears; it can also cover any damage to the property.
For tenancy agreements concluded after 1 October 2026, the security deposit automatically covers all tenancy agreement obligations, unless otherwise agreed.
The parties can agree on the amount of the security deposit, but the usual amount is equivalent to one month’s rent. The maximum amount stipulated by law is 3 months’ rent. The security deposit can be paid into the landlord’s bank account.
When Vuokraturva takes care of renting your property, we ensure that the security deposit is in order at the time we hand over the keys to the tenant.
Giving notice
Notice must always be given to the other party in writing.
Termination of a tenancy agreement by the landlord
When a landlord gives notice to a tenant, he/she must also state the reason for giving notice. The reason must be in keeping with good practices. Typical reasons include needing the premises for personal use or for family members, selling the property or changing the conditions of the agreement.
Period of notice when the landlord terminates a non-fixed-term tenancy agreement
In tenancy agreements concluded in or after October 2026, the period of notice for landlords is four months if the lease has lasted uninterruptedly for at least two years immediately prior to the giving of notice, and otherwise three months.
In tenancy agreements concluded in or prior to September 2026, the period of notice for landlords is six months if the lease has lasted uninterruptedly for at least one year immediately prior to the giving of notice, and otherwise three months.
Termination of a tenancy agreement by the tenant
The tenant does not need to state a reason for giving notice.
Period of notice when the tenant terminates a non-fixed-term tenancy agreement
When the tenant gives notice, the notice period is one month. Unless otherwise agreed, the notice period is calculated from the last day of the calendar month in which notice was given.
Unless otherwise agreed, the period of notice starts from the last day of the month during which the notice is given.
If you would like more information about the matters mentioned above or if you have other things on your mind concerning renting your property, contact us personally. Call +358 10 2327 300 or send an email to asiakaspalvelu@vuokraturva.fi