Update: 11:13 05/31/2019

What can you spend maternity capital on in 2019 for up to 3 years?

In most cases, you can use maternity capital in three years after the birth or adoption of a child, in connection with the birth of which the right to state support arose. However, in Part 6.1 of Art. 7 of Federal Law No. 256-FZ of December 29, 2006 on state support for families with children(law on maternity capital) established the directions in which maternity capital allowed to spend immediately:

In 2019, the amount of maternity capital (MC) is 453026 rubles. The right to issue a personal certificate arises upon the birth or adoption of a second (subsequent) child no earlier than January 1, 2007.

Using maternity capital to purchase housing for up to 3 years

The rules for sending MK were approved by Government Decree No. 862 of December 12, 2007. You can spend maternity capital earlier in three years from the date of birth (adoption) of the child, if:

• paid an initial fee for a loan or loan taken out for the purchase or construction of housing;
• redeemed principal and interest on the loan or a loan for the purchase and construction of housing.

Acquisition means any legal transactions, during which an apartment or house becomes the property of the family, including:

• direct purchase;
• purchase using credit funds;
• participation in shared construction;
• participation in cooperatives (housing, housing savings, housing construction).

MK certificate funds can only be used for purchases residential premises, purchase land for capital it is forbidden.

According to the law, which is acquired using family capital, several requirements are established:

1. Housing (including the house in which an apartment or room is purchased) should not be an emergency and subject to demolition. Previously, such transactions were not directly prohibited, but as of March 29, 2019, amendments were introduced by Federal Law No. 37-FZ of March 18, 2019.
2. Housing must be in Russia.
3. Both spouses and all children must receive their own shares in the purchased housing. If the property was not registered as shared ownership upon purchase, then it is required to draw up and notarize obligation to allocate shares: according to it, within 6 months after the purchase or repayment of the mortgage in the purchased apartment (house), shares are allocated to all family members.

The Pension Fund of Russia (PFR) transfers maternity capital to the seller or creditor on the basis. You need to attach to it:

• Passport or other document that proves identity and place of registration at the place of residence.
• Marriage certificate and passport of the spouse, if he is a party to the transaction for the purchase of housing.
• Representative's passport and power of attorney.

In addition, you will need to provide additional documents, the list of which depends on the direction of maternity capital.

The Pension Fund will consider the application within a month. If approved, the Pension Fund will transfer the money within ten working days.

Payment of the down payment

On May 23, 2015, Federal Law No. 131-FZ came into force, which allowed the use of maternity capital under a credit or loan (with the conclusion of a mortgage agreement or not) for the purchase or construction of housing through participation in legal transactions (conclusion of a purchase and sale agreement, participation in shared construction, etc.).

Lenders can be:

• Banks and other credit organizations licensed by the Bank of Russia (Central Bank).
• Credit consumer cooperatives operating for at least three years.
• Agricultural credit cooperatives that have been operating for at least three years.
• Joint Stock Company "Dom.rf".

In banks, the possibility of paying the first installment with maternity capital is implemented differently:

• At Sberbank the down payment is not less than 15% from the loan amount.
• At VTB, the amount of allocated maternity capital funds should not exceed 15% of the cost of housing. In addition, the amount of own funds cannot be less than 10% of the down payment
• At Gazprombank minimum down payment - 10%. You must pay at least 5% of the fee with your own money.

The procedure for using maternity capital to pay the down payment is as follows:

1. Registration of a certificate of the balance of family capital
2. Submitting an application to a credit institution.
3. Selecting a property.
4. Providing documents on the property to the credit institution.
5. Signing loan documentation.
6. Registration of the right to residential premises in Rosreestr.
7. Getting a loan.
8. Submitting an application for an order to the Pension Fund.

How to repay a home loan?

Matkapital can also be used for a loan or loan. However, it is prohibited to pay penalties and fines for late payments using MK funds.

It is assumed that the borrower Maybe thus shortening the loan repayment period or reducing the amount of monthly payments. However, in most cases, banks decide on their own reduce your monthly payment.

When applying to the Pension Fund with documents, you will need to provide additional ones (the list is given in clause 13 of the rules for disposing of maternal capital for improving housing conditions):

• a copy of the loan agreement;
• a copy of the registered mortgage agreement (if one was concluded);
• a certificate from the bank about the amount of remaining debt;
• obligation to allocate shares;
• an extract from the Unified State Register of Real Estate containing information about the rights to the purchased residential premises;
• if the property has not yet been put into operation - a copy of the agreement for participation in shared construction;
• if the loan funds were used to pay the entrance fee and (or) share contribution to a housing cooperative - an extract from the register of members of the cooperative or a decision on admission;
• confirmation of non-cash transfer of credit funds to an account opened by the certificate owner or his spouse.

Is it possible to use maternity capital to buy an apartment for up to 3 years without a mortgage?

Maternity capital can be used to purchase housing before three years, if his funds will be used to repay a loan or loan for the purchase of housing. In the law on maternal capital no requirement that the loan must be a mortgage.

Mortgage is real estate pledge which ensures the fulfillment of loan obligations. The mortgaged housing will be transferred to the bank (or other credit institution) if the debt obligations are not repaid.

A loan issued against real estate is called a “mortgage loan.” Call it a mortgage incorrect, however, this definition is widespread in colloquial speech.

From the above it follows that to buy housing with maternal capital without waiting three years from the birth (adoption) of a child, possible without a mortgage. However, very few organizations are willing to provide funds on such terms.

Loan for maternity capital for the purchase of housing up to 3 years

Maternity capital you can repay the loan, without waiting three years from the birth or adoption of the second (subsequent) child. The rules and conditions for obtaining a loan and credit are regulated by Chapter 42 of the Civil Code. The lender or creditor gives money to the borrower and then repays it. However, a loan, unlike a loan, can be interest-free if this is specified in the agreement (Part 1 of Article 809 of the Civil Code of the Russian Federation).

In order for a loan to be repaid with maternity capital, it must be issued by a legal entity (Part 7, Article 10 of the Federal Law on Maternity Capital):

• a credit organization whose activities are controlled by the Central Bank;
• credit and agricultural credit consumer cooperatives that have been operating for at least 3 years;
• unified development institute in the housing sector (JSC Dom.rf).

From 2015, repay a loan from a microfinance organization with family capital it is forbidden. Federal Law No. 54-FZ of March 8, 2015 repealed the effect of the corresponding clause in the law on maternal capital.

The rules for repaying a loan with certificate funds do not differ from the rules for a loan:

• It is allowed to repay both the new loan and taken earlier. The main thing is that his goal is to purchase or build housing.
• Matkapital pays the down payment, principal and interest on the loan, but not fines or late fees.
• The loan can be mortgaged (secured by real estate) or unsecured.
• To transfer MK funds to the lender, the Pension Fund will need:
  • a copy of the loan agreement;
  • a copy of the mortgage agreement registered in Rosreestr (if the loan is a mortgage loan);
  • obligation to allocate shares.

Is it possible to use maternity capital to build a house for up to 3 years?

Before three years it is possible, provided that its funds are directed to pay off a loan or loan taken for construction (Part 6.1, Article 7 of Federal Law No. 256-FZ). In other cases, you will have to wait three years from the date the right to maternity capital becomes available.

A house most often means a separate residential building. At the legislative level, such housing is referred to as an “individual housing construction object” (individual housing construction object).

According to the law, you can get a loan for the following types of construction:

• individual housing construction (independently or by a construction organization);
• participation in shared construction of an apartment building or small apartment building.

Direct use of maternity capital for the construction of a house without a loan is only permitted in three years after the birth or adoption of a child.

Matkapital for preschool education of children

Maternity capital can be used to pay for preschool education children and related expenses straightaway after the right to a certificate arises, wait 3 years no need. Allowed to pay:

• training in preschool education programs;
• services for the supervision and maintenance of a child in a preschool educational institution.

Preschool educational institutions are educational organizations engaged in the training, education and development of children before school. These include:

• Development centers, which mean:
  • organizations involved in the comprehensive development of the child - the development of speech and motor skills, preparation for school, etc.;
  • specialized institutions that provide training in one area, for example, foreign language courses for children.

At the moment, state and municipal kindergartens, as well as kindergartens organized by legal entities, are allowed to pay with maternity capital. However, the Ministry of Education approved the idea of ​​introducing the possibility of paying with capital for kindergartens created by individual entrepreneurs.

According to them:

• MK certificate funds can be spent on preschool education of children at any time from the birth (adoption) of a second or subsequent child;
• it is allowed to pay for the education of any child, and not just the one whose birth (adoption) gave rise to the right to maternity capital;
• the institution providing the services must be located on the territory of the Russian Federation.

Monthly payments from maternity capital

Since 2018, a new direction for using family capital has been in effect - for a second child under the age of one and a half years. They are made in accordance with the provisions of Federal Law No. 418-FZ of December 28, 2017 “On monthly payments to families with children.”

According to it and the rules approved by Order of the Ministry of Labor No. 889n dated December 29, 2017, certain conditions are established for receiving payments from MK funds:

• Second child was born no earlier than January 1, 2018.
• The certificate owner receives the payment.
• The average per capita family income should not be above one and a half living wages for the working population in a specific region (for the 2nd quarter of the previous year).

To assign a monthly payment, you must submit an application to the Pension Fund within a year and a half from the date of birth of the child (Part 1, Article 2 of the law on payments). This support measure will be provided:

• From the day of birth child, if her appointment was applied for no later than 6 months (the amount for previous months will be transferred in full).
• From the date of application, if the application was submitted later than 6 months.

After the first application, the benefit is assigned for 1 year. After the expiration date it is required again apply for payments before your second child turns 1.5 years old.

In certain cases, additional documents may be required:

• if the mother died or was deprived of parental rights and the right to maternal capital passed to the father - a death certificate or a court decision on deprivation of parental rights;
• If the father is called up for military service, he is not taken into account as part of the family when determining income, so a certificate from the military registration and enlistment office is required.
Law No. 256-FZ and the rules approved by Government Decree No. 380 of April 30, 2016.

With an application for disposal of maternity capital funds to the Pension Fund, you must provide:

• Certificate owner's passport.
• Child rehabilitation program.
• Documents that confirm spending on goods and services in accordance with the program (cash receipts, service agreement, purchase and sale agreement with a goods order, etc.).
• An act of checking the availability of goods for a disabled child.
• Bank account details.

An inspection report is required to control what is for a disabled child actually purchased necessary goods and services, according to his rehabilitation program. It is drawn up by local social security employees within five days from the certificate holder’s request.

The right to receive maternity capital arises upon the birth or adoption of a second (subsequent) child during the period from 01/01/2007 to 31/12/2021. In 2019, a certificate is provided in the amount 453026 rubles. It is allowed to dispose of maternity capital funds 3 years later after the birth of a child giving the right to maternity capital, however, the law provides for several areas in which the certificate can be used earlier.

How long does it take to obtain maternity capital?

The main condition for obtaining maternal (family) capital (MSC) is the birth (adoption) of a second or subsequent child in period of validity of the state program. However, the deadline for applying for a certificate is not limited, you can apply for it even after the program ends.

On December 28, 2017, Vladimir Putin signed Law No. 432-FZ on the extension of maternity capital until December 31, 2021. (with a high probability this period will be extended again).

There are several ways to apply for a personal certificate:

• Through a branch of the Pension Fund (PFR):
  • during a personal visit or through a legal representative;
  • send an application by mail.
• Through the Multifunctional Center (MFC).
• Through the personal account of the insured person on the official website of the Pension Fund.
• Through the Unified Portal of State Services (Gosuslugi).

It does not matter which of the above application methods you choose. All of them absolutely legal and as a result, a uniform certificate will be issued. If the application was submitted in the form electronic document(via the PFR website or “State Services”), then within the next 5 days you need to contact the Pension Fund branch where the application was sent and provide documents confirming your right to a certificate.

To register maternity capital, the following documents are required:

• passport of a citizen of the Russian Federation;
• birth (adoption) certificate of all children;
• documents proving the identity and powers of an authorized person or legal representative (if the certificate is not issued by the owner of the certificate).

The decision to issue a certificate for family capital or to refuse will be made within 15 days from the moment of registration of the application. No later than in 5 days after this, the Pension Fund sends a notification to the applicant.

After what time can I use maternity capital?

According to the general rules, you can submit an application for disposal of maternity capital 3 years later after the birth of the second (subsequent) child. However, Part 6.1 of Art. 7 of Federal Law No. 256-FZ provides for directions in which the use of maternal capital funds is already permitted immediately after issuing the certificate:

• purchase or construction of housing using credit funds (with the conclusion of a mortgage agreement or not);
• purchasing goods or services for social adaptation of a disabled child in society;
• payment for maintenance, care and supervision of a child;
• receiving monthly payments for the second child, provided for by Federal Law No. 418-FZ of December 28, 2017. “On monthly payments to families with children”.

Deadline for submitting an application for spending MSC is not limited. The main thing is that the child, with whose birth the right to maternity capital arises, is born during the program period.

You can submit an application for spending maternity capital in the same ways as an application for a certificate:

• through the Pension Fund- upon a personal visit or through the official website, as well as by sending an application with notarized copies of the necessary documents by mail;
• through the portal “State Services”;
• through MFC.

1. Documents confirming the identity and place of residence (stay) of the certificate recipient.
2. Documents confirming the identity, place of residence and powers of the person representing the interests of the applicant (if necessary).
3. To fill out the application, you may need a pension insurance certificate (SNILS).

Deadlines for transferring money

An application for disposal of MSC funds will be considered within 30 days from the moment of its submission. If the application is sent in electronic format or by mail, the sender will receive a notification with the date of its registration with the Pension Fund. After a positive decision is made, the money will be transferred within 10 working days.

It is worth noting that MSC funds It is impossible to get cash(with the exception of monthly payments for the second child, which are transferred to the citizen’s account opened with a credit institution), the money is transferred to organization current account providing services previously specified in the application for order.

However, if the owner of the certificate directs maternity capital funds for the construction of residential premises, without involving any construction organizations, the payment of money will be divided into two parts.

• The first half of the total amount will be transferred immediately.
• The second half will be credited to the owner's current account only in 6 months, this requires confirmation of the completion of the main part of the construction work.

How long does it take to transfer maternity capital?

According to Federal Law No. 256, funds are transferred within 30 days after receiving approval for the disposal of state money.

However, document verification also lasts 30 days. Another rather complicated process is the provision of documents to the Pension Fund.

If you do not prepare in advance, you can lose a lot of time at this stage.

Considering that an appointment with a specialist is made 2-3 weeks in advance, you can spend several months submitting documents.

Depending on the type of use of maternal capital funds, you will need various documents. Considering that each branch of the Pension Fund has its own requirements for documents, it is recommended to obtain a sample in advance from the PFR branch of interest,

Samples, as a rule, include certificates from the bank about the balance of the mortgage debt and an obligation to allocate children a share in the acquired residential property. You also need to fill out the application correctly.

Considering that it is filled out directly in the specialist’s office, it is quite difficult to make a mistake. If you have questions, you can immediately ask what exactly should be written in the column that causes you doubts.

How long does it take to obtain maternity capital?

How long does it take to obtain maternity capital?

Initially, after receiving the first documents for your second child, you will need to submit documents to the Pension Fund to receive a certificate.

The queue to receive a certificate is small, so you can easily get to a specialist on the same day of application without an online appointment.

After submitting the documents, which include the mother’s and father’s passports, marriage certificate, children’s birth certificates, mother’s SNILS, application, 30 days must pass. Then you can pick up the certificate.

To manage money, you will need to contact the online service, since there are quite a lot of people who want to manage it. You may waste a lot of time and not get to see a specialist on the same day without an appointment.

Today, registration is carried out 2-3 weeks before the appointment date.

After submitting the documents, the verification takes place within 30 days. If you receive a positive result on the disposal of public money, you can count on a transfer using the specified details in the near future.

How long does the transfer take?

If you have received consent to dispose of federal money, then it is worth checking the availability of maternity capital money in the specified account within a week after receiving consent.

The maximum period for completing a transaction, prescribed in Federal Law No. 256, is 30 calendar days.

How long does it take to receive maternity capital? However, money is usually transferred much earlier.

In most cases, payment is transferred within 15-18 days.

In rare cases, they give it already in the first week after receiving consent from the Pension Fund for the disposal of mat capital.

How long does it take from the birth of a child to receiving funds?

When can maternity capital be used? Today the law does not stipulate the minimum period for the possibility of its use, but it does specify the maximum. Budget money must be disposed of before the second child reaches 18 years of age. The exception is the use of federal funds for training. In this case, the maximum age is 21 years.

When can you use maternity capital after the birth of a child? You can start collecting documents immediately after your children receive birth certificates and SNILS. This is possible the very next day after discharge from the hospital.

When can you use the mat? capital?

Maternity capital - when can you use it?

In most cases, budget money can only be used when the child reaches three years of age.

However, there is an exception. In particular, this money can be used immediately if it is used to pay off a mortgage loan. In this case, children must be allocated shares in the home.

It is important to note that it is possible to use public money only for the needs specified in Federal Law No. 256.

If you spend money inappropriately, you will be prosecuted and will be required to return the money to the state in full.

Use it to buy a home

This money can be used to purchase housing only when the child turns three years old. The exception is paying off a mortgage. When can you use maternity capital? Thus, you can take out a mortgage and buy a home on a general basis, and then use state money. In this case, you can either completely pay off the debt or partially.

It is important to clarify whether the bank where you want to apply for a mortgage loan works with maternity capital. If not, you will not be able to use it for early repayment.

The most accurate and reliable answer to the question of how to use maternity capital to purchase housing is given in the current legal and by-laws.

A person who intends to allocate public funds for the purchase of real estate must strictly follow the step-by-step instructions given below in the article and take into account some nuances (they will also be discussed later).

Legal regulation

You can read about how funds allocated to a person who has received a certificate are sent for the purchase of real estate in:

• Art. 10 Federal Law No. 256 of December 29, 2006 “On additional…” (hereinafter referred to as the Federal Law);
• Rules for referral..., which are contained in Government Decree No. 862 of December 12, 2007 (hereinafter referred to as the Rules).

Briefly about the emergence of rights to maternal capital and obtaining a certificate

As a rule, women who have had a second child after 2007 have the right to family capital (clause 1, part 1, article 3 of the Federal Law).

In some cases, the corresponding right passes to the father if, for example, the mother died, was deprived of parental rights or committed a deliberate crime against the person against her child (Part 3 of Article 3 of the Federal Law).

And if, for example, a child had a single adoptive parent and he died, or the adoption was cancelled, then the child himself acquires the right to maternity capital.

Immediately (or not immediately, there is no time limit, but it is better not to delay) after the right arises, a citizen must contact the Pension Fund or the MFC with an application to obtain a state certificate (Part 1, Article 5 of the Federal Law).

How to manage money using maternity capital - general procedure

In Art. 7 of the Federal Law specifies the general procedure for disposing of funds.

There is nothing complicated in the procedure:

1. first you need to wait until the 2nd child turns 3 years old (Part 6, Article 7 of the Federal Law) - you don’t have to wait, but only if you plan to use the money to pay off debt or interest on a mortgage loan;
2. then the citizen who has the right to maternal capital submits an application for disposal to the Pension Fund or the MFC;
3. the application indicates for what purpose the money is planned to be spent (improving living conditions) and exactly how much (not all, but only part of the funds can be spent);
4. a certain package of documents is attached to the application;
5. The Pension Fund considers the application and documents within 1 month (Part 1 of Article 8 of the Federal Law), if necessary, some papers are requested by the Pension Fund independently by generating and sending interdepartmental requests;
6. the citizen is notified of the decision within 5 days after it is made (Part 3 of Article 8 of the Federal Law);
7. if the decision is positive, then the Pension Fund begins the procedure for transferring funds to the account of the real estate seller (Part 7, Article 8 of the Federal Law).

As of 2018, the amount of family capital is, as in 2016 and 2017, 453 026 rubles (Federal Law No. 362 of December 5, 2017). This money is unlikely to be enough to buy a full-fledged apartment in the city center, so, as a rule, the certificate holder has to pay extra in cash from his own pocket.

What kind of real estate can be purchased using family capital?

In clause 1, part 1, art. 10 of the Federal Law states that any residential premises can be purchased using maternal capital funds. The main requirement is that it must be located within the Russian Federation (Part 3 of Article 10 of the Federal Law).

The type of property itself does not matter. That is, you can use your finances to purchase both a house and an apartment in an apartment building. The main thing is that the room is residential. According to Part 2 of Art. 15 of the Housing Code of the Russian Federation, the following are considered residential:

• isolated room;
• which is recognized as real estate;
• suitable for permanent residence of citizens;
• meeting sanitary and technical standards.

Who can buy an apartment from?

Again, the legislation does not establish a specific circle of persons to whom money within the framework of maternal capital can be transferred for the alienation of real estate.

That is, the seller can be:

1. an individual;
2. legal.

The form of the transaction itself can also be any. The main thing is that such a transaction is within the law and does not contradict it. Basically, the purchase of an apartment is carried out under a sales contract.

When can you use financial resources to purchase real estate?

According to the general rule established by Part 6 of Art. 7 of the Federal Law, you can submit a corresponding application to the Pension Fund or a multifunctional center only after the child turns 3 years old, in connection with whose birth or adoption the citizen has the right to family capital.

In all cases, you need to wait for the second child to reach this age, except in cases where you plan to use the money to pay off debt or interest on a mortgage.

In other words, you will have to wait if you want to buy an apartment, house or other object from an individual or legal entity under a purchase and sale agreement, an agreement for shared participation in construction, etc.

What documents need to be submitted to the Pension Fund or the MFC

In order for the Pension Fund to transfer funds to pay for the cost of housing, the applicant must submit a certain package of documentation established by the Rules along with the application.

The main list of documents is specified in clause 6 of the Rules:

• passport of the citizen who received the certificate (or other document identifying the person and registration at the place of residence);
• power of attorney and passport of the representative (if the application and documents are submitted not personally by the certificate holder, but by his authorized representative);
• passport of the spouse of the certificate holder, and marriage certificate (provided if the purchase and sale agreement for housing was signed not by the certificate holder, but by his or her spouse).

These documents are provided either in the form of non-notarized copies, or copies certified in accordance with the legislation of the Russian Federation on notaries. In the latter case, you will not need to provide original documents.

In addition to the general package of papers, you will also need an additional one. The list of additional sets of documents will depend on the specific purpose for which the money is allocated.

So, if the purchase of an apartment or house from an individual or legal entity is carried out under a sale and purchase agreement (for cash or non-cash payment), then payment of the full cost of housing or part of it is carried out by the Pension Fund of Russia after providing the following additional documents specified in clause 8 of the Rules:

1. a copy of the policy document registered in Rosreestr;
2. an extract from the Unified State Register of Real Estate on the rights to housing of the certificate holder (or his (her) spouse, if he or she was a party to the transaction);
3. a written obligation of the certificate holder certified by a notary to register the apartment purchased at the expense of maternal capital as the common property of all children, the spouse and himself within 6 months after the Pension Fund of Russia transfers the money to the seller’s current account.

With regard to additional documents provided when purchasing housing under the DDU, on a mortgage or when paying for the construction of an individual housing construction project, see clauses 9 - clause 13 of the Rules.

What happens after submitting the application and documents

In accordance with clause 16 of the Rules, the Pension Fund transfers funds to the seller of the real estate.

Transfers are made only by bank transfer to a bank account.

After this, within six months, the certificate holder needs to register the apartment as the common property of his wife (husband) and all children. This requirement does not apply if the apartment was initially registered as common property immediately after the conclusion of the agreement. As a rule, the transfer of ownership later than the conclusion of the agreement is carried out, for example, when concluding an agreement with the condition of payment in installments.

So, current legislation allows you to use money within the framework of maternity capital not only for the mother’s pension or for the education of children, but also for the purchase of real estate located on the territory of the Russian Federation. You can use the funds only after the second child turns 3 years old, except in cases where the funds are used to pay off a mortgage.

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Maternity capital for the purchase of an apartment

Maternity capital can be used to purchase housing in several ways:

1. . A special feature of this method of improving living conditions is the payment of the agreed amount of contribution for the purchase of apartments in multi-storey buildings under construction.
2. Pay the entry fee to a housing cooperative. A special feature of this method is that, in addition to the MK, you also have the missing amount of your own funds to purchase housing. After the entrance fee has been paid and the purchase and sale transaction has been completed, you should contact the Pension Fund to receive an MK. The Pension Fund will transfer funds to the developer within five days after the application.
3. . The main advantage of this method is the opportunity to receive funds to pay the mortgage immediately after the birth of the child. The received MK can be used in two ways: to pay the entire amount and interest on the loan or only the initial amount of the entrance fee.
4. . The easiest way to buy a home. To complete it, you just need to select a housing property, contact the Pension Fund of the Russian Federation with the necessary documents, determine the size of the monthly rent, wait for the funds to be credited to the applicant’s account (or directly to the seller’s account), cash out the money and pay the required amount to the home seller.
5. Pay the amount and interest on the targeted loan taken. The main condition of this method is the current requirement of the Pension Fund of the Russian Federation for the mandatory registration of the purchased apartment in the name of all family members.

Maternity capital for buying a house

There are several conditions that a house purchased with MK funds must meet:

1. The building must be suitable for year-round use. The house must be connected to electricity and a plumbing system (with drinking water). A heating system is required.
2. The building must be documented as residential. The building is being constructed permanently - the walls and foundation are built in accordance with safety standards and SNiPs.
3. The building should not have more than 3 floors.
4. The house must be located on a plot of land that is intended for individual housing construction and is located in a populated area.

To use maternity capital for the purchase of housing(at home) you will need to submit the following documentation to the Pension Fund:

• a copy of the house purchase agreement (the option of purchasing the building in installments is possible);
• a copy of a certificate confirming the ownership of the house of the owner of the certificate for MK;
• a certificate issued by the seller of the house, which indicates the amount of the unpaid amount under the purchase and sale transaction;
• a certificate certified by a notary, which obliges the buyer to register the house in the possession of all members of the family within six months after the Pension Fund of the Russian Federation transfers the required amount of funds to the seller.

Maternity capital for the purchase of part of a residential premises (share/room)

There are several rules that allow the acquisition of a share of a home using maternal funds:

• acquisition of one or several rooms in one residential premises, if the share of housing is an isolated premises;
• purchasing a share of an apartment leads to the complete transfer of the entire home into the ownership of the buyer.

To allocate a room from shared ownership of an apartment, an agreement will need to be concluded between all homeowners. The document is drawn up in writing. To conclude it, you should contact a notary office. If one of the co-owners refuses to sign the agreement, then it will be necessary to go to court with a statement of claim to terminate the applicant’s share in the shared right and recognize his rights to own a specific room.

Conclusion

To conclude this article, there are a few key points to highlight:

1. A home purchased at the expense of MK funds must be registered in the possession of all members of one family (children and parents).
2. You can buy housing from strangers and relatives.
3. If you purchase housing through a targeted loan or mortgage, this will allow you to use the mortgage loan before the child turns three years old.
4. You can purchase both new and secondary housing using MK funds.

The most popular questions and answers regarding the use of maternity capital to purchase housing

Question: Hello. My name is Marina. I'm married. We live with our parents in their apartment. A third child was born in our family, and my husband and I decided to receive maternity funds to buy a small house. We found a good option in our village. They chose my aunt's empty house. We finalized a deal to buy a house and paid my aunt part of the required amount. Then we turned to the Pension Fund and received the missing amount of MK. A week later, after the seller had been paid the full amount for the house, the husband was offered a highly paid position in a neighboring village. Therefore, we will need to change our place of residence (move to another city). I have a question, can we terminate the concluded deal to purchase a house due to unforeseen circumstances?

Answer: Marina, you can terminate the contract in two ways. The first way is to negotiate a termination agreement with the former owner of the house (your aunt). If she does not want to terminate the deal, then you have the right to go to court, since you have unforeseen circumstances, knowing which you would not have entered into the agreement ().