The first thing that any buyer of an apartment in a real estate agency will encounter when discussing settlement problems is the passive participation of a realtor in the scheme of transferring money from the buyer to the seller. That is, realtors of course calculate various options for paying for the cost of an apartment, but reality emasculated all the theoretical schemes and reduced them to one – settlements through a bank cell with special access conditions.
All other payment methods – from settlements at the entrance to the issue of letters of credit do not suit clients for one of two reasons – they are either unreliable or too expensive. Roads in the literal and figurative sense. Theoretically, the more legitimate the circuit, the easier it is to ensure its reliability. Typical of the real estate market is that the buyer and seller equally do not want to pay taxes or prove the origin of income. Continue reading
In order to create an association of co-owners of an apartment building, it is necessary that more than 50% of the apartments in the house be privatized.
Apartment owners who want to create an association of co-owners of an apartment building (condominium) should:
Step 1. Create an “initiative group” that will take responsibility (in the initial stages) of legal, organizational and preparatory work related to the creation of the association:
* select and process the legislative framework; Continue reading
Risk 1: scammers. Apartment for rent or for sale
First, consider the most common fraud schemes in the residential rental market. Two methods are especially effective: re-renting an apartment in a sub-rental and selling a house using fake documents.
The first method is effective with those owners who go on a long business trip to another city or country and for a long time can not carry out control checks of the apartment. Continue reading