Sale of an inherited apartment: a proper algorithm

Sale of an inherited apartment: a proper algorithm

Let's talk about when you can sell your inherited apartment. After all, getting an inheritance does not automatically mean becoming its owner. We will figure out what steps you need to take to sell your inherited home.

Having inherited an apartment, you can immediately use it – live, repair, pay for utilities. But you can sell an inherited apartment only after going through a number of bureaucratic procedures. Even if you do not plan to sell your home, you will still have to go through this stage in order not to lose your property.

First, you need to accept the inheritance and register ownership in the Federal Register. Only after process, it will be possible to decide what to do with real estate.

To enter into the rights of an heir, you need to contact a notary at the testator's last place of residence or at the location of the real estate. In this case, you will need to provide documents confirming your relationship with the testator (if there is no will), confirmation of the deceased's residential address and a death certificate.

The term of inheritance is six months from the date of the testator's death. This time is set aside so that all heirs can claim their inheritance rights.

To obtain a certificate of inheritance, you need to pay a fee. Heirs of the first and second stages need to pay 0.3% of the value of the property, but not more than 100 thousand rubles; all others – 0.6%, but not more than 1 million rubles. After the assessment of the property, you can order a certificate from a notary.

After obtaining a certificate of inheritance, you can apply for registration of an apartment in the Federal Register. After that, you can submit an advertisement for the sale of real estate. After a buyer is found, everything will happen in the standard way: an advance payment is made for the property, a contract is concluded, and so on.

It is important to keep in mind that you can advertise for sale only after receiving a document confirming your ownership rights. That is, not earlier than 6 months after the death of the testator.

One more point: if you want to sell a house without paying tax, you need to wait for a three-year period of ownership of the object. If the period of ownership exceeds three years, you will not have to pay anything.

There are a number of other questions, such as, if there are several heirs or the heir is a minor, you can ask our specialists additional questions and they will tell you in detail about all the nuances.

We hope this information will be useful for those who are faced with the issue of selling an inherited apartment. Remember that in case of any difficulties, it is better to consult specialists – this will help to avoid unnecessary hassle and unpleasant surprises.

If you have any questions or need advice, our specialists are always ready to help. We understand that it is important to be able to receive operational support, so we offer you several ways to contact us.

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