How to conclude a house exchange contract?

The contract for the sale of a residential building, like the contract for the sale of real estate, is concluded in writing and is subject to notarization and state registration. Certification of residential building contracts is carried out at the location of such property or at the registered place of residence of one of the parties to the relevant contract.

Each of the parties to the mine contract is the seller of the goods that he transfers in exchange, and the buyer of the goods that he receives in return. The contract may establish an additional payment for a product of higher value that is exchanged for a product of lower value. Ownership of the exchanged goods passes to the parties at the same time after both parties have fulfilled their obligations to transfer the property, unless otherwise stipulated by the contract or law.

To conclude a contract for the sale of a residential building, the following package of documents must be submitted to the notary:

1. passports of the parties to the contract;

2. registration numbers of the tax payers' registration cards of the parties;

3. documents confirming ownership of the property being exchanged (notarized purchase and sale agreement, lifetime maintenance (care), gift, lease, inheritance agreement; certificate of ownership; certificate of right to inheritance; court decision, etc.);

4. certificates on the composition of the family;

5. marriage certificate or court decision on divorce, written consent of the husband (wife), if the property is jointly owned by the spouses;

6. birth certificate and permission of the body of guardianship and guardianship to commit the deed, if the right of ownership or the right to use the alienated home is held by minors.

During the preparation for the certification of the mining contract, the notary checks the absence of a prohibition against alienation or seizure of property by obtaining information from the State Register of Real Property Rights.