Basic Provisions
To use maternity capital to build a house, you need to have land. The help for its purchase can not be spent. To spend a certificate for construction will be allowed, if after the completion of the work conditions really improve (the number of square meters per person will be more).
Apply to the Pension Fund should be when the baby reaches 3 years. In advance it is necessary to take care of documents and their copies:
- document on land (contract of sale, lease, gift, certificate of ownership);
- building permit;
- the application and the passport of the person who writes it;
- a written assurance that the house will be re-registered as a common family property.
Within a month, a decision will be made to allow construction or to refuse. In the first case, you can wait 50% of the amount on the account. The second part is paid in half a year, if it is confirmed that the work is already underway. To receive these funds, the Pension Fund requires that there is already a foundation and walls, sometimes a roof.
Some nuances
Many are worried about how to use maternity capital to build a house, if the child has not reached the age of three, and there is a need to improve housing conditions. You can work for your own funds, saving papers confirming payments. Then it is worth applying for compensation.
Also it is worth remembering that such an opportunity, as to use the maternity capital for the construction of the dacha, is not provided.