What Document Confirms Ownership

Table of contents:

What Document Confirms Ownership
What Document Confirms Ownership

Video: What Document Confirms Ownership

Video: What Document Confirms Ownership
Video: ДОКУМЕНТЫ на право владения и управления плавсредством 2024, November
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When planning to buy real estate or a car, it is important to prepare in advance for the transaction and have a clear idea of what documents should be handed over to you after signing the contract and transferring funds. Having even superficial information will make it easier to understand the ownership transfer process.

What document confirms ownership
What document confirms ownership

Instructions

Step 1

Property right is a concept used in the civil law of the Russian Federation to denote private property. In accordance with the norms of the Civil Code of the Russian Federation, both individuals and legal entities can own property.

Step 2

Any property can be owned, with the exception of some types, which, by virtue of the law, cannot be owned by citizens or legal entities. The owner of the property is endowed with the right to own, use and dispose of, this allows the property to pass into ownership from one person to another.

Step 3

It is very difficult for an ordinary person to understand not only the laws in force, but also the property documents themselves. Therefore, it is advisable to contact a lawyer when purchasing real estate or an expensive vehicle, since ignorance can ultimately be expensive.

Step 4

A document confirming ownership of real estate (apartment, house, land plot or garage) is a certificate of ownership issued by the body that carries out state registration of real estate transactions.

Step 5

The right of ownership arises on the basis of a document of title - a contract of sale, rent, donation, equity participation in construction, a certificate of entry into inheritance rights, a court decision, etc.

Step 6

The documents of title to a land plot, in addition to those previously listed, include acts of state bodies, a decree of the head of administration on the granting of a land plot.

Step 7

The ownership of a land plot can also be confirmed by a certificate of the right to life-long inheritable possession and a certificate of the right of permanent (indefinite) use. The above certificates must be accompanied by the relevant decisions of state bodies on the transfer of land plots.

Step 8

Real estate transactions are subject to mandatory state registration, it is from the moment of state registration that the ownership right transfers from the seller to the buyer. A certificate of ownership of the purchased property is issued in the name of the buyer.

Step 9

When purchasing a vehicle, you need to remember that you cannot own it on the basis of a power of attorney. The document confirming the ownership of the car may be a purchase and sale agreement, a certificate of account, a donation agreement, a certificate of entry into inheritance rights, a court decision. Vehicle passport (PTS) and registration certificate are vehicle registration documents. Registration and registration is carried out by the traffic police.

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