Finance, Building
The object of unfinished construction: the general concept and features of registration
The object of unfinished construction is a structure that requires the investment of initial capital. Subsequently, the use of such a structure should generate revenue. However, it must be registered with a non-state owner, who has the opportunity to complete its construction. The object is firmly attached to the area on which it stands, and to transfer it to another place without destroying its elements is impossible.
The object of unfinished construction can be transferred to a mortgage, and together with the land on which the structure is located. However, for this to happen, it is necessary to obtain a court decision that recognizes ownership of the ONS.
If the land where the work is carried out is not the property of the applicant, but he has the right of unlimited use, a document confirming this shall be submitted to the registration authorities. Naturally, in order to complete the object of unfinished construction, you must submit other documents: an act of suspension of work or conservation of the structure; Cadastral plan of the land plot ; A contract that confirms participation in shared construction (if the erection was based on it).
Registration of unfinished construction is made on the basis of documents submitted to the registration authority in duplicate. Instead of originals, you can bring copies certified by a notary. It must be remembered that there is a time limit during which it is necessary to file all the papers. Also, the state establishes a certain period for which registration should be made.
In the event that after the design of such a construction developer decided to resume all work, you must notify the state authorities that will make changes to the Unified Register. In this case, ownership rights will have to be reissued.
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