How To Buy A Municipal Non-residential Premises

Table of contents:

How To Buy A Municipal Non-residential Premises
How To Buy A Municipal Non-residential Premises

Video: How To Buy A Municipal Non-residential Premises

Video: How To Buy A Municipal Non-residential Premises
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Buying non-residential municipal premises has always been troublesome. They are usually located in the central part of the city. And at a relatively low cost per square meter, many want to buy them: young firms to raise their status, and large organizations - for optimal placement of their offices.

How to buy a municipal non-residential premises
How to buy a municipal non-residential premises

Instructions

Step 1

To redeem a non-residential municipal property, write a statement and contact the Committee for the Management of Municipal Property of the local administration. Get ready for the application to be considered within a month. Then you will receive a written answer from the city authorities about the price of the property. Since you do not have a preemptive right to buy out the premises, you will be offered to take part in the auction, which will take place if there are enough applicants. You will be additionally notified about the bidding.

Step 2

If you have been a tenant of a non-residential municipal property for more than two years, then you have the right to a pre-emptive purchase. And according to Federal Law No. 159-F3, you can do this by bypassing the auction.

Step 3

If you do not have enough money to deposit the entire amount at once, you can get an installment plan for three years. This should be reflected in the decree. Banks provide loans to small and medium-sized businesses in such cases on favorable terms.

Step 4

When purchasing municipal property in installments, the procedure, terms and amounts of payments must be indicated, which are reflected in the contract for the sale of non-residential premises. It also indicates the full address, area and other parameters that allow you to fully represent the subject of the contract. A prerequisite for the contract is the price of the property being purchased, which is set by agreement of the parties and can be either higher or lower than the inventory estimate.

Step 5

Until the state registration of the transfer of ownership, the buyer does not have the right to dispose of this property, since this right still belongs to the seller. He, in turn, also does not have the right to use it until the transfer of rights to the buyer. The parties sign the act of transferring the property, after which the obligations of the selling party are considered fulfilled.

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