What you need to check the documents when buying an apartment

The apartment can be purchased at the secondary market, i.e. the owners of the property and the new house through a building company. In these cases, the documents which it is necessary to demand from the buyer, and will vary. Most often, operations are carried out through a real estate Agency you contract with them, and they are looking for a suitable option, provide the transaction and get the fee - either a fixed amount or a percentage of the value of the object. In this case, all the paperwork they decide, and also check the flat on the "purity" of the transaction. Despite the fact that they have their own lawyers, if possible, is to test everything yourself, because some points agents are missing either through ignorance or deliberately hiding some facts.

When buying an apartment in the mortgage with the encumbrance, i.e. when the Bank gives you money secured by the purchased object, all checks handled by the lawyers of the Bank. They are also stakeholders in this matter, as in the case of some of the nuances can lose your money.

If you buy an apartment without intermediaries, the entire responsibility lies on you. If possible, hire lawyers, who will check everything, because people who have never engaged in the documentation, I can't take everything into account.

Despite the fact that the process is better handled by professionals for themselves should know what documents it is necessary to demand from the seller. If a house is purchased in a new built house which is not rented, then you are Contracting with a construction company prior the contract. Every developer works in his scheme, some under contract equity participation, more is welcome from a legal point of view; others on bill contracts, etc. Before conclusion of this contract is to check documents such as construction permit; contract of ownership or long term lease of land on which to build a house; instruments of attraction of financial assets; a preliminary plan of the building. It should also view the constituent documents of the Builder, check it out via the tax authorities and read reviews about it - there are companies that have a bad reputation, because they are unable to complete the construction - collect money from customers, begin construction, and then Finance over, and the house can stand for a long time. Consider this paragraph in the contract that had been prescribed deadline and penalties in case of delay.

After signing the preliminary contract, you pay the Builder a down payment, in some cases the whole amount and wait for when the house will be completed and adopted by the state Commission. After that, you have your apartment and sign the act of acceptance transfer, if satisfied and upon detection of faults is necessary to specify that they have fixed a construction company. Next, you should obtain title documents at companies house. This can be done independently, and in some cases this deals with the developer for a fee. The certificate of ownership is the main proof that this apartment belongs to you.

If you purchase housing on the secondary market, it is necessary to pay attention to the documents of ownership, and the basis on which they are issued: the contract of sale, contract of donation, contract of heritage, etc. Should request an extract from the house register about all the previous occupants of this apartment - it is necessary to look at the time of the transaction there was not one spelled out. Please note that minor children; persons who are in places of deprivation of liberty, which were issued before the sale, can then claim the rights to this apartment. If the housing is owned by less than three years, the previous owners may in some cases cancel the transaction. Also to these documents, the technical documentation required - if replanning has been done, this must be agreed with BTI. Selling is carried out on the basis of the contract of sale that specifies the value of the object. Then you register your ownership of this housing.