Legal documents: What is important to know the owners of real estate

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It's no secret that the number of transactions and real estate transactions continue to grow.It concerns not only the purchase / sale, but also other circumstances that can confront each.Thus, not even planning to buy or sell property, knowing that such documents of title will not be superfluous.

whom it might be useful?

  • buyers and sellers of real estate;
  • receiving an inheritance, gift;
  • those who privatize their living space;
  • property owners.

opinion that legal documents - a certificate of ownership, is erroneous.The latter is obtained on the basis thereof, but is not.

Legal documents - what is it and how they are made?

The documents establishing the right to include:

  • contracts, which record the transfer of rights and its conditions (gift, purchase, privatization, sale, and so on);
  • evidence obtained after the adoption of the inheritance;
  • entered into force court decisions and settlements (as a result of the division of real property rights);
  • acts of commissioning (for houses, buildings);
  • for projects under construction - the paper confirming the full payment of shares (for GSK, HBC and DSC).

decisions or decisions of local councils of people's deputies (for received after 29 October 1993 the Committee on compulsory registration of land) are also papers that establish the right, if we are talking about areas.

Certificate perpetual right to use the land or property are considered only in conjunction with the relevant decisions and resolutions.

list of these documents is defined by the Law on State Registration of Rights.Quite often legal documents can be issued in a free form.Indeed, many forms of approved documents do not exist (eg, contracts).On the other hand, the requirements for it more than clear: they must not conflict with the law, have a detailed description of the type of transaction and the rights to it, as well as full details of its participants.

documents from BTI, various funds and property management, may not be the right-establishing and complement them.

If the paper written by hand, the handwriting must be legible and the text - written pen.Sheets of multi-page document are numbered and stitched.The texts that can not be unambiguous interpretation contained in them (editing, registry, cleanup, etc.), it is better not to sign, as this may lead to future problems with the registration authorities.

usually correctly formatted documents are perpetual (except when the deadline set in the document).They only have to change if the newly adopted law is contrary to the old, under which they were made.

Legal documents - what are they for?

First of all they are required to register their property rights, which are the result of the transaction.When it comes to property, the paper on which the feature for a long time, they can not be changed as long as no need to conduct any operations.

Secondly, they are required in the defense of their rights (in case someone claims them).So, it happened that a person obtains a certificate of registration in the body, and after some time - a lawsuit, and it was evil in the history of the apartment, which he bought.Therefore, any serious agent before the deal check documents of title to real estate, and keep track of the entire chain (when and to whom the property was transferred throughout the entire history of existence).