State Duma deputy Nikita Chaplin explained in what cases the transaction on the sale of part of a house will be considered invalid. His words guide the way RIA News.
He said that in the Russian private sector in the regions there are often houses with different entrances for two owners. According to him, there are difficulties when selling such a house, because very few banks give mortgages to more than one homeowner for the purchase of such a house. Additionally, the housemate will have priority in purchasing the share.
Chaplin specifically emphasized that when purchasing half of a house, property buyers must request a certificate of disapproval from the homeowners’ neighbors, otherwise the transaction will be considered illegal.
You can also donate part of your property and land to another person without the permission and notification of your neighbors. Moreover, if in reality the court recognizes this as a purchase, then such a transaction becomes invalid.
Until then, a bleak future is predicted for the Russian real estate market. Experts interviewed by socialbites.ca approvedThere are signs of overheating in the housing and mortgage markets. However, in their opinion, the situation should stabilize in the future.
Previously Finland wanted Completely ban real estate transactions for Russians.