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What does the asset limit mean?

Topic: apartment application

What does the asset limit mean?

What Does "Asset Limit" Mean?

Some of our rental apartments are subject to an asset limit that affects tenant selection.
For right-of-occupancy apartments, the asset limit is 50% of the value of a comparable owner-occupied apartment.
This limit does not apply to applicants over the age of 55.
The asset limit varies by municipality.

What Is Considered an Asset?

Assets include, for example:

  • Real estate you own
  • Land
  • Housing shares
  • Investment funds and stocks

Debts (such as a mortgage) are deducted from the total asset value.

What Is Not Considered an Asset?

  • Earned income (e.g. salary or pension)
  • Movable property (e.g. furniture, personal belongings)

🔗 Check the municipality-specific asset limits on ARA’s official website: ara.fi