Tax on the sale of the apartment/house is only payable if:

• you have owned the apartment/house for less than a year
• you added an extension or squared up less than a year ago.

The right of ownership to the house becomes effective immediately after its state registration.

No donation taxes are foreseen, as it is a gratuitous transaction.

Formally, a notarization is not mandatory, but both parties need it. Notarization is the best way to prove the transaction and provide that obligations are met. A certified loan significantly reduces the risk of non-repayment and simplifies the collection process.

According to the article 1040 of the Civil Code of the RK, the inheritance includes property belonging to the testator, as well as rights and obligations, the existence of which does not cease with his death.

The heirs do NOT pay for the deceased relative:

• alimony
• damage for injury to life and health of third parties

Otherwise, heirs are liable for the debts of the testator. They include:

• credits
• loans
• contracts on purchase of any property
• other debts

This includes the principal amount, as well as interest, penalties and fines accrued on the date of death of the testator.

No, the alimony agreement refers to the type of transactions that can only be concluded in person. In order to develop the agreement, it is required to contact a notary. The consent states as follows:

• amount payable
• payment frequency
• collection method in case of non-payment
• document validity period
• liability measures for non-performance of the agreement conditions

It is possible to conclude an agreement only by mutual consent of the parties. In case of some disagreements it is required to resolve the issue of alimony in court.

Alimony agreement is concluded in case of agreement to support other family members. For example, incapacitated parents.

The buyer and the seller of the apartment share the notary expenses on contractual conditions. Most of all, both parties pay half of the total.

If the contract of purchase and sale is concluded in the presence of a notary, he immediately certifies the document and submits it for registration to the registration authority through unified notary information system.

Executive inscription - notary's order to collect money from the debtor in favor of the claimant or claim the movable property. It is a legal instrument for rapid extrajudicial settlement of claims. The executive inscription is made by the notary on the debt document (e.g. loan agreement).

In accordance with the article 1053 of the Civil Code, the testator may at any time cancel or amend the conditions of his or her will. For this purpose, it is necessary to submit an application for the cancellation or amendment of the document to a notary office and develop a new will. Important note! After cancellation or amendment, the original will cannot be restored.