New building. How to register ownership if a mortgage note is issued when the loan is granted (applicable to loan agreements executed after November 18, 2024)

1. When construction is completed, sign the acceptance certificate with the developer. No later than 30 (thirty) business days from the date of signing the acceptance certificate, unilateral certificate or other transfer document with the shared-equity construction participant, the developer must submit to Rosreestr (Federal Service for State Registration, Cadastre and Cartography) an application for state registration of the ownership right of the shared-equity construction participant to the real estate property in electronic form.¹

2. After registration in the Unified State Register of Real Estate (USRN) of the ownership right of the shared-equity construction participant, immediately:

·         send² an electronic extract (copy of the extract) from the USRN confirming the registration of ownership and mortgage over the real estate property in favor of the bank, to the email address:  kk@uralsibbank.ru. Email subject: encumbrance registered_Borrower Full name.

·         arrange property insurance (structural elements). The recommended list of partner insurance companies is available on the bank's website.

·         send² a scanned copy of the insurance contract (structural elements), the schedule and payment receipt to the email address: kk@uralsibbank.ru. Email subject: insurance_Borrower Full name.

Renew insurance annually and send the executed insurance documents to the указанному адресу.

Please note that in case of refusal of insurance or untimely registration of ownership, the interest rate increases (see the lending terms and conditions).

3. If you have any questions regarding the submitted documents,  a bank employee will contact you by phone or email within 10 days.

¹ From March 1, 2025, developers are required to independently submit to Rosreestr (Federal Service for State Registration, Cadastre and Cartography) applications for state registration of ownership on behalf of the shared-equity construction participant in electronic form no later than 30 business days from the date of signing the apartment acceptance certificate, unilateral certificate or other transfer document with the shared-equity construction participant.                                                                                                                  The procedure for paying the state duty for ownership registration should be clarified with the developer.

² Please note that the email size must not exceed 20 MB, but you may send the documents in several emails;