Information about the cadastral value of the property

Documents for appraising an apartment for a mortgage

Documents required to evaluate an apartment for a mortgage:

1. Title documents for the premises (purchase and sale or equity participation agreement, certificate of registration of ownership, etc.).
2. Plan and explication of the premises.
3. Borrower's passport and cadastral passport of the premises.
4. For houses of old construction (before 1960), you will need a certificate about the type of floors in the house and a document confirming that the residential building is not subject to demolition or reconstruction with subsequent resettlement of residents.

Very often you can hear the question of whether a technical passport is needed when evaluating an apartment?

An expert assessment for obtaining a mortgage loan requires the customer to have a technical passport for the residential premises.

The reason is that credit institutions are required to describe in detail the technical characteristics of housing, its layout and compliance with the building's floor plan.

In this case, it is necessary to document the fact that there is no illegal layout of the premises, since it directly affects the liquid value of housing.

Having collected a package of necessary documents, the borrower should contact a housing appraisal office (specifying that an appraisal is required to obtain a mortgage loan) and conclude an agreement.

During the cost inspection procedure, the expert checks the compliance of the premises with the documents provided from the BTI, takes photos, calculates the cost of housing in several ways, adjusting its cost taking into account the advantages and disadvantages, and draws up a report.

As a rule, the assessment of the value of housing for a mortgage is carried out within five days.

Further in the article we will talk about what documents are needed to evaluate real estate, or rather, we will provide a list of documents for the evaluation of an apartment intended for sale.

What to do if you do not agree with the cadastral certificate?

The state protects the right of every property owner to challenge the results of real estate valuation in specially created commissions. The procedure for creating commissions, as well as its responsibilities and tasks, are determined by order of the Ministry of Economic Development. Our specialists will help you fill out all the necessary applications and collect a complete package of documents for you:

• Certificate of ownership;
• Documents on the basis of which a decision can be made on a biased assessment of the value in the certificate (results of independent examinations);
• Cadastral passport (USRN) for the property.

Most often, the challenge procedure is carried out on the basis of an assessment of market value, when government authorities do not take into account objective indicators that affect the valuation of real estate, for example, a favorable location or improved infrastructure.

After the commission has completed its consideration of all materials, a decision is made that either confirms the existing cadastral certificate of the cadastral value, or the complaint about the revision of the value of the property is satisfied.

Certificate of cadastral value of land online

For sale

There are two ways to evaluate an apartment for its further sale: by contacting a specialized appraisal bureau or a real estate agency. Both options have their advantages and disadvantages, as well as a list of required documents.

What documents are needed to evaluate an apartment for sale?:

1. Official. The assessment is carried out by the BTI or authorized organizations. The Appraisal Bureau provides its services upon provision by the customer of the following documents:
   • documents confirming ownership of the inspected housing;

   certificate from the BTI on the type of walls and interfloor ceilings (for houses built before 1960), floor plan of the building, explication.

In fact, the list of documents is identical to the list of papers required for inspecting a home when applying for a mortgage. The only difference is that determining the value of the premises upon sale does not require the owner to have a technical passport for it.

2. Determining the cost of an apartment by realtors . It is also called “mass-realistic”. It is good because the real value of the apartment at the moment is determined and this is done quickly, without any documents, often during a telephone conversation. The disadvantage is obvious - the customer will not receive documents of the established form that have legal force.

IMPORTANT! Calculating the cost of a residential property for its further sale is aimed at determining its market price (not liquid, as is the case with a mortgage) and is carried out at the request of the owner! This procedure is not necessary!

Methods for obtaining a certificate

Information about the cadastral price of the property is publicly available. Any individual or legal entity has the opportunity to order a certificate of the cadastral value of a land plot or other object in person by contacting the competent authority. In addition, in order to save time, you can use remote online resources that provide such a service.

Personal appeal

The document can be requested from the cadastral chamber office at your place of residence, from Rosreestr or the MFC.

To avoid long queues, you must make an appointment in advance. At the appointed time, the owner must visit the institution and provide the organization’s employees with a package of documents:

1. application for a certificate;
2. passport of the applicant;
3. title papers for real estate;
4. a receipt confirming payment of the state duty.

Employees of the Cadastral Chamber may additionally require a technical passport of the apartment or other documents characterizing the property.

After receiving the package of documents, the applicant is given a receipt.
It indicates the list of accepted papers and the deadline for issuing the certificate. Exactly how many days it will take to process it depends on the organization the owner contacted. For example, in Rosreestr the document is provided within 5 days. When contacting the MFC, the period can be extended to 10 days.

On the appointed day, the applicant should re-apply to the registration organization and present the employees with a passport and receipt. Particular attention should be paid to the formatting of the received certificate. It must correspond to the established template, the document is certified by the seal and signature of an authorized person.

If it is impossible to contact Rosreestr or the Cadastral Chamber in person, documents can be sent and received by mail.

Remote resources

Due to the constant busyness of people, online services for issuing certificates are gaining more and more popularity. Their advantage is that the owner of an apartment or house does not need to waste time contacting the appropriate organization. You can order an extract of the cadastral value of a property while at home or at work.

Resources providing this service include:

• official website of Rosreestr;
• public cadastral map;
• State Services website.

To request a certificate on the sites, you must indicate the cadastral number of the object or its exact location. After this, the system will require you to pay a state fee for the service. Payment is made from a bank card, electronic payment system or terminal.

Then you need to choose a method for obtaining help. It can be delivered:

1. by e-mail;
2. to the post office at the place of stay or residence of the applicant;
3. by courier to the address specified by the owner.

Courier delivery is usually provided only in major cities of the country. Depending on the chosen method of receiving the document, the website indicates the email or delivery address.

In addition, the time it takes to receive the document will depend on the delivery method. The certificate is sent by email within a few hours, and a paper letter is delivered no earlier than 6 days from the moment the request is created.

The document can be drawn up in a simple format or in the form of an extract from the Unified State Register of Real Estate. The cadastral value can be indicated both in electronic and paper certificates. Both forms have the same legal force.

Service cost

The service for issuing a certificate is free of charge.
However, when requesting a document through online services or through a branch of Rosreestr, a state fee is charged. The payment amount is set by regions, so the service may cost differently in different cities. In addition, the amount of the state fee depends on who the applicant is. For example, for legal entities the paid amount is slightly higher than for individuals. On average, the state duty for the service is 250−500 rubles.

Only persons specified in the Tax Code are exempt from paying state duty, namely:

• state and municipal authorities;
• Central Bank of Russia;
• persons classified as low-income.

Real estate valuation agreement

A contract is the only basis for the emergence of a certain kind of legal relationship between the customer and the contractor. A real estate valuation agreement is a mandatory condition, drawn up in writing and certified by a notary.

This document must contain the following information:

• grounds for conclusion;
• type of residential premises being assessed;
• the type of value that must be determined during the assessment;
• cost of services provided and method of payment;
• information on civil liability insurance of the performer.

In addition, the contract must contain detailed information about the contractor, including information about the availability of a license for this activity, its validity period and the name of the issuing authority.

As a rule, appraisal bureaus use a standard document form, which is understandable given the growing popularity of mortgage loans and the development of the real estate market .

However, thoughtlessly signing a contract is a common mistake of many customers. Remember, an agreement is the only tool for protecting your interests in court if the contractor did his work in bad faith or completely neglected it!

Real estate appraisal agreement, sample.

Certificate of book value of the property

A certificate of inventory assessment of the cost of an apartment is issued by an appraiser from the BTI.

When determining the cost, the following indicators are taken into account:

• square footage of the apartment;
• presence or absence of communications;
• year the house was built.

To obtain a certificate, the owner should contact the place of registration of the property being assessed.

He needs to be provided:

• statement;
• original passport;
• document confirming the right to property;
• power of attorney or birth certificate of minors whose interests are represented – if necessary;
• form for payment of state duty in the amount of 540 rubles for one document form.

Certificate of book value of the property, sample.

Where can I get information about the cadastral value of your real estate?

For these purposes, a procedure is provided for assessing the value of state control bodies, which provide cadastral information and, on their basis, draw up acts and issue a certificate. Determining value is a rather complex and comprehensive process that takes place on the basis of specially developed calculation methods that reflect general trends, changes in the real estate market, and determination of profitability. Since 2010, there has been a unified Federal standard that allows determining the cadastral value of various real estate objects.

The Star-Service Cadastre and Registration Center will provide an objective assessment of its clients’ real estate, which will reduce risks in the future and protect the interests and rights to real estate. The main methods of calculating costs remain comparative, income and cost. Each of them reflects different requirements for the procedure.

After submitting an application to receive a real estate appraisal by an appraiser (no later than 7 months according to the Law of the Russian Federation), a report on the work performed is drawn up. Thanks to knowledge of all the intricacies of the procedure, our employees will help optimize the assessment process and reduce the time for reviewing documents to an affordable minimum.

Example document

Specific indicator of cadastral value (UPKS)?

UPKS is a value that is used when assessing new real estate objects. For example, UPKS is used when a new object (land plot, part of real estate) arises, after construction is completed, a court decision is received, a transfer from one permitted type of use to another, or when the purpose of a land plot changes.

Apartment inspection report

An inspection report for real estate assessment is drawn up based on the results of the assessment of the premises. This document contains information about the state of the object at the time of the assessment and all changes made.

The act is left in the prescribed form on a special form and includes the purpose of the assessment, the address of the apartment, a description of the area, the market price, etc.

It can be compiled exclusively by professionals based on the results of the assessment of the property.

The act is supported by the seal of the organization that compiled and issued the document. As a rule, the apartment appraisal certificate is issued to the customer within one to two working days after its inspection.

Apartment appraisal report, sample real estate appraisal.