How To Buy A Collective Farm

Table of contents:

How To Buy A Collective Farm
How To Buy A Collective Farm

Video: How To Buy A Collective Farm

Video: How To Buy A Collective Farm
Video: WavesDucks Collective Farms (How Small Investors Earn Big & Get Free $EGGs) 2024, May
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There is an opinion that it is possible to buy land from a collective farm at a low price. But at present there are practically no so-called collective farms. The dying collective farms become ZAO, JSC, etc. Many former collective farmers received land and property shares. They contributed property to the authorized capital of the newly formed company and received shares in return, or left the collective farm, for which they received a share. It is from the shareholders that collective farm lands are now being bought up.

How to buy a collective farm
How to buy a collective farm

Instructions

Step 1

The purchase procedure is carried out in accordance with the usual sales contract. As a rule, when making such a transaction, some difficulties arise, since when receiving a share, most of their owners did not properly formalize their right to the relevant plot.

Step 2

Carefully check all available documents for the land plot, and also contact the village administration or the local district agricultural office to find out all the necessary information about this object. And most likely, the land plot of the collective farm that you like belongs to not one, but several owners. In this situation, you will need to find all the owners and inform them about your desire to redeem the shares. It is logical that you will need to obtain consent for the sale from all owners.

Step 3

Next, start preparing your documents. The seller must have a certificate of ownership of the land plot, as well as a document on the basis of which this right was obtained. These include contracts of sale or donation, a resolution of the head of the district, the right to inheritance.

Step 4

Then invite a surveyor who will determine the boundaries of the site, draw up a plan, form a land survey. Provide the surveyor with the following documents: - a copy of the land certificate, certified by a notary;

- a copy of the resolution, a copy of the purchase and sale or donation agreement, certified by a notary;

- a copy of the master plan certified by the seal and signature of the chairman of the gardening partnership, which he himself will give you;

- if there is a registered building on the site, provide the technical passport of the BTI;

- certified by the seal and signature of the chairman of the gardening partnership or the administration of the rural district, the act of coordinating the borders with adjacent land users. This form can be obtained from any company that provides services for the conduct of land management work.

Step 5

After that, transfer the land survey to the district land committee, where the documents will first be checked for authenticity, the absence of errors and inaccuracies. Then transfer them to the Cadastral Chamber to enter information about the property in the Unified State Land Cadastre. A cadastral number will be assigned to the land plot there. Now you can carry out the purchase of land shares under a sale and purchase agreement.

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