Rights registration to real estate objects is the question that everyone can face. For example, your company needs to register the rights to a land plot for construction, or you need to legalize an annex on your homestead land – in each of these cases, you must go through the procedure for rights registration to a particular real estate object.
VigoLex team has extensive experience in supporting various scope projects in the field of rights registration to real estate objects and offers to understand the main nuances of this process.
Why to register your rights to a real estate object?
The main reason why VigoLex recommends always registering your rights to a real estate object, be it a land plot or an unauthorized construction, is the right to dispose of such an object. Until registering the ownership for real estate object and are considered its owner, you will not have the right to dispose of such an object, which means that you will not be able to:
- sell/inherit such an object;
- use such an object as pledge;
- lay to such an object housing communications, etc.
In addition, do not forget that in some cases you can also get a fine from the inspector, for example, in the case of using an illegal unauthorized construction object.
What are the options for registering rights?
All depends on what kind of real estate object you are talking about.
For example, let’s say that you need to register the rights to an asset under construction. In this case, the procedure will be quite simple – you will need to prepare the necessary package of documents, submit them to the state registrar to CNAP or a notary and obtain a decision on registering the rights to an asset under construction.
Let’s consider another scenario – you need to register the rights to a land plot. In this case, the procedure will be more complicated, since you will have to:
- obtain the permission for manufacturing, order manufacturing and agree on a land management project for such a land plot;
- go through the procedure for assigning a cadastral number to a land plot;and
- prepare the necessary package of documents for filing an application for rights registration to such a land plot.
Only after fulfilling all these procedures you will be able to contact the state registrar in CNAP or a notary to register your rights to a land plot.
Why do you need the lawyer’s help?
As with any other issue, you need to seek the lawyer’s help if you want the entire process to be completed quickly, reliably and with the least possible involvement of you in the process of registering the rights to the real estate object.
VigoLex can not only help you register your rights to a real estate object, but also advise or provide legal assistance on the issues that may accompany the process of registering such rights, for example:
- advising on tax aspects of such rights registration;
- providing assistance in obtaining the necessary permissive documentation;
- legal support of disputes related to the process of rights registration to a real estate object.
VigoLex team has a well-formed high-quality expertise in legal support of the processes of rights registration to real estate objects and will be happy to help you register ownership of your land plot, an asset under construction or replanning/reconstruction.
- Checking the contract edition before signing.
- Verification of all data with original documents.
- Verification of the signatories’ documents.
- Checking the availability of all documents for the contract conclusion.
- Negotiations on the transaction terms with the seller/the developer/the notary.
- Assistance in the formation of payment/payment schedule under the contract.
- Clarification on the contract terms execution.
- Approval/explanation of next steps, including ownership registration.
- Legal support of the contract signing, the lawyer’s presence at the transaction conclusion.
- Lawyer’s advice.
- Legal analysis of documents.
- Checking the legality of construction.
- Legal expertise of the contract with the seller/the developer.
- Negotiations on the terms and the procedure of the transaction conclusion with the seller/the developer/the notary.
- Providing legal reference describing the risks.
- Proposals for changes to the contract in the client’s interests.
- Lawyer’s advice.
- Checking real estate in the state registers (registration of rights, prohibitions, seizures, mortgages).
- Checking real estate owners and/or co-owners.
- Checking the seller’s powers and the documents of title for real estate.
- Study of the object history, including disputes.
- Checking the information on the persons registered in the apartment.
- Analysis of the contract and other documents.
- Drawing up a package of documents for ownership registration.