Purchasing procedure
- 1
Selection of a dwelling:
A customer shall select a flat he/she likes in the project web site and reserve it. - 2
Tentative sale-purchase contract:
When a customer finally decides to purchase the selected flat, he/she shall sign a tentative sale-purchase contract with the seller and shall transfer the advance payment to the account of the seller within the term established in the contract.
- 3
Taking-over certificate:
After the completion of the building, the customer will receive a notice about the completion, and the taking-over certificate will be signed.
- 4
Payment for a dwelling with own capital:
A buyer transfers the entire amount to a bank account indicated by the seller. After receipt of payment, the seller signs a sale – purchase contract with the buyer. The contract shall be notarized. The buyer receives a certificate from the seller on the complete settlement for the dwelling and registers his/her ownership in a Centre of Registers.
- 5
Payment for a dwelling with a bank loan:
An agreement shall be signed with a bank in order to get a loan; a sale-purchase contract shall be signed (the contract shall be notarized); after giving a notarized sale-purchase contract to the bank, the buyer shall sign the loan contract and shall register his/her ownership with the Centre of Registers. The buyer shall register a mortgaged property in the Mortgage Office, and the bank transfers the final amount for a dwelling when it receives the confirmation from the Mortgage Office.
- 6
Certificate on complete settlement:
The seller issues a certificate to the buyer in order to certify that the buyer fully paid the seller.
- 7
Contracts with service providers:
The buyer signs contracts with the company which administers a building, as well as with the heating and water suppliers.
- 8
Delivery of keys:
The seller gives the buyer the keys to the flat.
