The Act Of Reception And Transmission As The Completion Of The Transaction Of Buying An Apartment Or Room | The Property

 

 

The Property

The act of reception and transmission as the completion of the transaction of buying an apartment or room

The transaction of purchase and sale of an apartment or room does not end with the state registration of rights. It should end with the signing of the act of acceptance and transfer of property.

The act of reception and transmission as the completion of the transaction of buying an apartment or room

The act of transfer and acceptance is not a mere formality, it completes the purchase and sale transaction, confirming the transfer of property in a specified state. According to our law, such an act is considered to be evidence of the seller's obligations to transmit, as the buyer to take the property.

Why and when to sign the act of reception and transmission?

If an apartment or room is transmitted in a different state than the buyer was expecting to get it, this discrepancy should be specified in the act of reception and transmission. Such a situation may occur, if dismantled or spoiled finishing room, built-in furniture, appliances or plumbing (if they are part of the property sold).

Tip: the act of reception and transmission apartment or room is a sign after the state registration of property rights, together with the transfer of a full set of keys. It is not necessary to transmit the keys immediately after signing the sales contract, because the possible refusal of registration of property rights, in connection with which there miscommunication between the buyer actually received the property and may already be somehow dispose of it, and the seller.

Keep in mind that the act of transfer and acceptance confirms the fulfillment of conditions by both parties of the sales contract and does not release the seller from having to restore the premises to the condition described in the DCT. By the way, the act of reception and transmission is required to provide to the tax office in order to obtain a tax deduction.

Are there special requirements to the act of transfer and acceptance?

In the act of reception and transmission must contain the passport data of the buyer and the seller, the exact address of the transferred property (apartment or room). It is also very desirable to provide details of the contract of purchase and sale of real estate, the cadastral passport data. Before signatures with a transcript name, specify the date of the act of reception and transmission. Otherwise, the strict requirements for him no. The act of transfer and acceptance is made by the parties in writing. It also indicates the presence or absence of mutual claims.

Attention! Before signing the act of reception and transmission apartments or rooms, check for arrears of utility bills, because it is the date of signing of the act to the new owner becomes the duty of maintenance of premises (so the data on the status of those payments is also recommended that you specify in the act of reception and transmission).