How to buy a land plot

Every city dweller loves to relax in the silence outside the city, away from the hustle and bustle of a big metropolis. However, not everyone has a cottage or a small summer cottage outside the city. But what if you decide to purchase a few acres of land to make your little dream come true? Let’s take a closer look.

It is customary to classify land plots by category. In accordance with Russian legislation, lands are divided into categories such as water resources, forest resources, settlements, agricultural purposes, industry, transport, specially protected areas and facilities, reserve lands.

It should also be noted that land plots are divided according to their intended purpose. But due to the fact that there are a lot of such types, we will consider plots for individual housing construction, we are still going to build a summer cottage.

You can purchase a land plot either directly from the owner of the land, or redeem state property. It is easier to buy a land plot from an owner than to buy it out from the state. But if you want to buy land plots of economy class, then you need to take into account that competition and cost are higher here..

To buy a plot from the owner, you need to draw up a bilateral purchase and sale agreement in writing, usually this is done by realtors. After the parties to the transaction discuss all the details of the sale of the land and fix all the conditions in the agreement, this document is transferred to the registration chamber to complete the procedure for transferring ownership of the land from the previous owner to the new one. State registration of property rights is carried out at the registration chamber at the location of the land plot. In the registration chamber, this procedure is drawn up for about a month, as a result of which the parties to the agreement are issued the main document — the Certificate of state registration of property rights. The Certificate of Ownership contains the main details of the transaction, as well as the new owner. Thus, the purchase of a land plot took place and the construction of a cottage can begin.!

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