Preparing to buy an apartment

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Buying an apartment is a responsible and delicate matter, it requires certain skills and knowledge. To succeed in this business, you need to weigh many conditions and familiarize yourself with the details of the process.

Purchasing an apartment through a real estate agency

When purchasing an apartment through a real estate agency a mandatory point to start the process of buying and selling is to make a deposit to pay the cost. After that, the real estate agency is obliged to remove the object from sale and stop advertising it. All relevant details are written in the prepayment agreement: the scheme by which the client will make payment, the time period during which the client is obliged to vacate the apartment de facto and legally, the time allotted for the transaction, as well as a list of relevant documents for real estate that must be provided buyers. The transaction can be carried out remotely in video format, and does not require your physical presence.


Self-acquisition of an apartment

In case you found an apartment on your own and you want to purchase it without resorting to the services of an agency, but directly from the owner, you will also have to pay a deposit and draw up a contract of sale. The contract for the sale of an apartment is drawn up between you and directly its owner or all owners, if there are several, or a trusted representative provided by the seller. If the owner changes his mind about using the services of his authorized representative, then this representative will no longer be able to continue providing his services and you will have to continue the registration yourself. In case of disputes, you can always go to court, the proceedings in which can take a lot of time and effort.


Making a purchase with a notary

A more reliable way for the buyer is execution of a written agreement certified by a notary. You should carefully read the details and conditions included in the clause of the contract, and only after that continue further actions.

The conclusion of the transaction is considered completed after entering the data on the sale and purchase of a particular real estate unit in the Unified State Legal Register. After registering the purchase of this apartment in the register, you are issued a document with the owner's rights to it, drawn up in accordance with a specific paragraph of the current legislation.


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