Advantages and disadvantages of the housing cooperative what to take into account

Probably anyone who dreams of their own housing visited this issue. To begin with – ZhSK Association of people, organizations, only for one goal, the construction of housing and management of this housing. The most important and big plus of receiving its living space in Chelyabinsk is of course legislative protection. All legality is prescribed in the Federal Law of the Russian Federation No. 214. When creating housing, 5 individuals or 5 legal entities will be enough. Therefore, from the legal side when signing an agreement that does not pass state registration, it will be very difficult to defend his rights in court. The housing cooperative should also have a land plot for rent or property, as well as a fore and free access to design documentation. When registering the ownership of the apartment, together with the act of receiving – transfer of the housing, do not forget the certificate of tax payment. At the first stage, you need to become a member or shareholder of the organization in order to acquire your personal living space. Then there will be the conclusion of the contract, monthly contributions of the shareholder. Feel free to take copies of applications, an extract of joining the housing cooperative, all this will not be large, but proof of your participation in the cooperative. Of course, in the housing cooperative, as elsewhere, there are pros and cons of. In any agreement that you conclude with the housing cooperative, the automatic exclusion and termination of the contract is provided. Delay in the construction time, and since your business relations are based on share relations in the housing cooperative, you can forget about the protection of consumer rights. The return of the funds you pay, when terminated by the contract, may drag on from several months to several years. Changes in documents are possible, as well as changes in the charter, it happens that it is not in the interests of members of the housing cooperative. Additional contributions, but only after the general meeting of all members of the housing cooperative. Losses of housing cooperatives in a year, also cover the shareholders. Here is an example of negative points that may arise in the process of building an apartment by participating in the housing cooperative. Members or shareholders using voting can affect all decisions, unless of course there are more than 50 % of the voters, and even lead the control of the housing cooperative. A member or soldier of the housing cooperative can pay the remaining contributions, already living in the apartment.

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