Common conditions of advance payment

We pay in advance for deals with the developers when we receive the confirmation from the developer or when we receive the document from the agency:
- for deals with standard mortgage or 100% payment you may send escrow account statement with the whole amount of the price on it or the documents confirming the registration of the contract in RosReestr;
- for deals with tranche mortgage or installments plan you may send payment documents displaying the DP amount which meet developer conditions and the documents confirming the registration of the contract in RosReestr.

BUT if the developer doesn't have any restrictions on the percentage of the DP you may send the documents confirming the registration of the contract in RosReestr only.

Payment time

Payment on the 3 workday from the moment of fulfillment of conditions:

• reconciliation form is filled before 17:00
• correct documents are sent before 17:00 in case of request OR we receive the developer’s confirmation before 17:00

Paymenton the 4 workday from the moment of fulfillment of conditions:

• reconciliation form is filled after 17:00
• correct documents are sent after 17:00 in case of request OR we receive the developer’s confirmation after 17:00

Advance payment does not apply to transactions

• For which the necessary payment documents have not been provided or confirmation of full payment under the Shared Construction Participation Agreement from the developer has not been received.

*A project manager makes a request for confirmation of payment in the transaction chat.

• Using a military mortgage
• Using a tranche mortgage
• Parking lots, storerooms, finishing and equipment contracts
• Land plots

Maternity capital

Transactions involving maternity capital, loan agreements (with a mortgage without a down payment) are paid on standard terms

Transactions with subsidies (including public housing certificates and social benefits) are advanced after receipt of funds to the developer, including receipt of subsidies.

You place a reservation on TrendAgent or through a project manager

Booking

1

You send all the necessary documents described in the advance payment terms for the region of the transaction to the chat.

Documents

3

You fill out the reconciliation form.

Collation/check

4

We make the payment in accordance with the terms of the advance payment

Payment

5

Your Client signs the contract and makes the payment. Initial payment, or the entire cost of the apartment

Deal

2

You will receive the closing documents on the EDM or by courier in paper form after the full completion of the transaction cycle — after TrendAgent receives payment from the developer

Closing documents

6