Inspection of the new building

Exactly one month ago, you and I dealt with the useful ones resources for verification real estate We are proud that you can now independently find all the information you need about the owner of the property, the presence of liens, debts and property rights to a specific object. You literally can disassemble the apartment to pieces to find even the smallest flaws. In order for you to become real bomber jacket, there is only one step left to take - to learn how to independently analyze real estate on the primary market. Today we will deal with this.

How to check your future property as an investor

First of all, make sure of the reliability of the developer. How to do it and why you can read in the corresponding article.. Are you familiar with the basics? Perfectly! Then we proceed to a thorough inspection of the new building.

1. Find out the identifier of the construction object from the developer. This unique number is automatically assigned to each object through the Register of construction activities. Knowing it, you will be able to quickly find the information that interests you.
2. The next step is to visit the portal of the Unified State Electronic System in the field of construction (EDESSB).
3. What exactly are we interested in? In the "Registries" section, you need to find the subsection "Special property right" (the last one from the bottom) and select the heading we need - "Application for registration of property right in the State Register of Property Rights to Immovable Property (DRRP)".
4. Finally, we have reached the stage where you will understand why it was necessary to find out the identifier of the object from the developer. The already familiar code must be entered in the "Construction object identifier" field. As a result, we receive an application for registration of the building right.
5. Now it is necessary to carefully examine all the documents provided to us, which should confirm the legality of the construction. Yes, you will have to familiarize yourself with information on the assignment of a specific address assigned to a residential complex, with information on the assignment of a guarantee share, permission documents for conducting activities, etc.

We offer to dwell in more detail on each of the documents we are interested in, so that you understand what exactly you need to look at and what exactly you can take from it for yourself.

Verification of documentation on the EDESSB website

🔎 Verification of project documentation.

In the corresponding section entitled "Project documentation", find the characteristics of the object and read them carefully. You can also review other documents related to the construction to compare the specifications provided with the actual or planned in the future. This will allow you to make sure that the construction is proceeding properly, the developer keeps his promises, and the object itself is worth investing in.

🔎 Verification of the permit document.

In the application for registration of the building right, you will see a link to the permit document. Actually, it is worth starting with him. If the developer simply does not have the right to build his project, he will soon become the epicenter of a scandal. In the absence of a permit, the local authorities may demand the suspension of works for an indefinite period or the complete liquidation of already erected structures.

🔎 Checking the warranty portion.

You should find out if the object is a warranty share that is not allowed to sell. Also, in this section you will find information about attracting funds from the developer and the availability of the right to sell the object.

The inspection of a new building may seem like a Minotaur's labyrinth to a novice, but our experts have long since found Ariadne's tangle of threads, so they skillfully cope with all stages. Contact THE Capital agency for help to know exactly where to invest.