Rosreestr proposed to extend the registration period for transactions with apartments of pensioners

Rosreestr is considering extending the deadline for state registration of housing transactions belonging to the elderly in order to prevent fraudulent activities. This was stated on December 4 in the official response of the department to the appeal of the head of the State Duma Committee on Labor, Social Policy and Veterans Affairs Yaroslav Nilov.

"Taking into account the shortened terms of state registration of rights <..."currently, Rosreestr is working on proposals to amend the current legislation in terms of extending the period of state registration of rights in relation to contracts for the purchase and sale of residential premises owned by the elderly," TASS quotes.

Rosreestr believes that the situation with the purchase of apartments on the secondary market, known in the media as the "grandmother's scheme" or the "Valley scheme", arose due to the non-application of current legislation in controversial cases.

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Builders call the problem "exaggerated"

On November 29, Oleg Silkin, a real estate lawyer, told us what needs to be done to avoid losses when buying real estate with the risks of fraud under the "grandmother's apartments" scheme. So, experts suggest two ways of safety net, the principles of which are also described in the novel "12 chairs".

On November 22, the press service of the Fair Russia faction reported that a legislative initiative was being prepared in Russia to combat fraudulent schemes for the sale of apartments, known as the "grandmother's scheme." The bill is intended to solve the problem of fraud in the sale of real estate and subsequent contesting transactions, when elderly people sell apartments under pressure and then demand the return of housing through the courts without compensation to buyers.

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