House Buying

You bought an apartment in a newly built housing. The house is not built to the end and you have a need to sell the house before commissioning. This certainly can be done, but this process will be regulated not by the contract purchase and sale agreement and assignment of claims. Assignment of claims – the deal when the rights and duties before the developer transferred from the person who has entered into an agreement with the developer, to a new person. Why sell? Typically, clients use this scheme in the sale of "investment" apartments. Buying a house on the foundation stage, they put up apartments for sale in the last stage of the project.

The rights assign to a much higher price than was paid at the beginning. Many are selling rights to an apartment is not built because of changed life circumstances, for example, if an urgent need to repay debt or credit, if divorce, inheritance, good housing. Sell the rights to the apartment may wish to those who received negative information about the builder, the prospects of building a house, connection to utilities, making the state commission, etc. When can I? The law on participation in the joint construction provides for a certain period of time during which it is possible to assign its rights under the contract. This can be done with the state registration contract before signing the transfer deed by the parties or any other instrument of transfer facility shared construction. The reason is that the developer is considered to have fulfilled its obligations under the contract since signed by the parties the transfer deed.

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