Making an apartment ownership: rules and nuances of the bureaucracy

If you bought an apartment in a new building, you need to legalize your ownership. Registration of an apartment as a property is a mandatory procedure, without which you will not be able to sell, bequeath real estate and get a bank loan.

registration of apartment ownership
If an apartment in a new house is purchased under an agreement on shared participation in construction, then you should first wait for the developer to sign the protocols on the distribution of residential and non-residential real estate. Based on these securities, you will receive a document on the implementation of the investment contract. Having received such an act, do not start registration of ownership of real estate until the developer notifies you that he has opened the registration address of the house in the State Register. After the house is included in this list, you must decide on how you will register the property as a property.

registration of ownership of real estate
Property registration can be entrusted to a private organization. This will save you from the hassle, but require significant cash costs.

You can allow the developer to collect documents. In this case, you will need to write a power of attorney for registration of the apartment in the property.

If you are ready to take a vacation and spend time in lines, then you can collect all the necessary documents yourself. But before you start registering an apartment as a property, do not forget to take a power of attorney for registration from the developer. Then, with the originals and copies of the contract for the purchase of real estate and the act on the implementation of the contract, you should contact the Federal Bureau of Technical Inventory. There they will take copies of these documents, and after that payment of the state fee, you will be allowed to apply for explication. The explication usually looks like a table in which the dimensions of the total, living area and each room of the apartment are indicated. After it, BTI engineers will compile a cadastral passport for the apartment. In accordance with the law on the municipal cadastre, without this paper, registration of an apartment in the property is not allowed.

Now again about the documents. On your hands should be: the power of attorney of the developer for registration; two copies of the apartment purchase agreement; two copies of the act on the fulfillment by the developer of his obligations; explication of the apartment; cadastral passport; State duty receipts. Only after receiving all the listed securities can you contact the State Registration Service.

registration of property
In Rosreestr you have to wait in line in order to submit documents and an application for registration.

You can receive a certificate of registration of ownership in two weeks. Sometimes you have to wait about a month.

Some private entrepreneurs skillfully use the bureaucracy of the state system and offer people accelerated registration of ownership certificates for an additional fee. Having received such an offer, you should make sure that the company has the appropriate authority and its activity is registered. It is advisable that this organization be a subsidiary of Rosreestr and be located in the same premises. Otherwise, you can become easy prey for scammers and even lose your apartment.


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