The real estate market is constantly developing today. And renting an apartment can bring a good monthly income to its owner. But is it possible to rent an apartment purchased in a mortgage? The real estate market is constantly developing today. And renting an apartment can bring a good monthly income to its owner. But is it possible to rent an apartment purchased in a mortgage? Many families, looking far into the future, acquire housing in a mortgage for the younger generation. In the meantime, children still go to school, excess housing can be handed over to tenants. However, many are worried about the legality of such actions. This is especially important for those who want to rent housing for a long time. It is one thing to rent apartments for daily rent in Irkutsk and completely different if tenants will live on it for months.
The apartment purchased at the means of mortgage lending is the property of the borrower, this is confirmed by the certificate of registration of property rights to real estate. However, there is a reservation, housing acquired in a mortgage until it is repaid, is transferred to the bank as a bail. The owner has the right to register on this housing of any of his relatives, which the bank must notify in advance and receive permission from it. As a rule, there are no problems with this, and the bank gives a positive answer.
With renting an apartment, the situation is approximately the same, if only in the mortgage agreement is not stipulated otherwise. But, as a rule, the fact of renting an apartment is considered as an additional income of the borrower, which cannot but be welcome. In fact, for any bank, only timely repayment of loan debt is important, and how you will dispose of the acquired housing, does not matter much.
Banks do not participate in the conclusion of the lease agreement, only the borrower and the tenant are engaged in this. Separately, it is worth stipulating that the lease is necessary, even if you rent an apartment for a day in Irkutsk for the celebration. For the borrower, such a contract is the key to the safety of his real estate, especially since the bank has the right to control the state of the property laid down by him. In some cases, he may even do not carry out documentary, but actual verification of the quality of property care and the number of persons living in it. If during the check, some violations, then penalties can be imposed on the borrower, in the flesh to early repayment of the mortgage loan. But if you approach the issue of renting housing as serious as possible, you can get a stable income that can significantly facilitate the payment of a mortgage loan.
