What does the asset limit mean?
Topic: apartment application
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
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