REI24 service
Property sale with a possible future buyback.
This is a separate service: the property is sold on agreed terms and any buyback price, deadline and other material conditions are defined in the contract.
How it works
A clear process with agreed terms
Sale-and-buyback enquiry
Describe the property and funding need
We will assess whether a sale with a possible buyback may be suitable and explain the next steps.
What does a property sale with a buyback option mean?
A sale with a buyback option is a transaction in which the owner sells the property to a buyer and the parties separately agree whether, and on what conditions, the former owner may buy it back later. Ownership transfers to the buyer through the notarial sale. A possible buyback does not automatically make the arrangement a loan or mean that the former owner remains the owner.
The buyback terms need to be specific: the buyback price, deadline, method for exercising the option, use of the property in the meantime and all related costs. If any of these points remains unclear, the risk of a dispute or an incorrect expectation increases.
Who might consider this arrangement?
A property owner who needs liquidity but wants to retain a contractual opportunity to reacquire the asset may consider a sale with a buyback option. The property could be an apartment, house, land or another immovable in Tallinn, Harju County, Tartu, Pärnu, Narva or Jõhvi. Suitability depends on value, condition, encumbrances and the owner's realistic ability to pay the agreed buyback amount on time.
The service must not be treated as an arrangement with a guaranteed result. If the former owner cannot obtain sufficient funds by the deadline, the buyback option may remain unused and the property stays with the buyer. Future repayment capacity should therefore be considered alongside the immediate need for funds.
Sale contract, right of use and risk
If the seller wishes to continue using the property after the sale, the possession date, use payment, utilities, maintenance and termination conditions must be agreed separately. These matters should not be left as a verbal understanding. Material terms need clear written documentation that can be checked by both parties.
REI24 first reviews the property and the starting information and may then make an individual proposal for a possible structure. Before signing, it is sensible to have the contracts reviewed by an independent legal adviser. The buyback price, period and costs are not standardised on the website because they depend on the specific property and agreement.
FAQ
Frequently asked questions
Practical answers based on the information currently available. Check the documents and current rules for the specific transaction.
Is the future buyback guaranteed?
No. A buyback is possible only when the conditions and deadline stated in the agreement are met.
Can the seller remain in the property after the sale?
Only under a separate written agreement defining the period of use, payments, costs and other conditions.
Is a sale and buyback the same as a property-backed loan?
No. In a sale, ownership transfers to the buyer. With a secured loan, the property remains with the borrower and is used as collateral.
How are the sale price and buyback price determined?
Both prices and the related costs are determined from the specific property, period, risk and agreement. The website does not state one standard pricing formula.
How long can the buyback period be?
The website does not set one standard period. The deadline is defined in the individual proposal and must be clearly recorded together with the procedure for exercising the option.
What happens if the buyback terms are not met on time?
If the former owner does not meet the contractual conditions or deadline, the option may expire and the property remains with the buyer. The specific consequences depend on the agreement.