What documents are needed to manage maternity capital funds?

Registration of maternity capital

Expert opinion

Alekseev Dmitry Yurievich

Lawyer with 6 years of experience. Specialization: civil law. Member of the Bar Association.

Parents of a child can receive maternity capital funds only after issuing them a special certificate. You can obtain this document from the Pension Fund of the Russian Federation after submitting an application. To do this, the following package of documents is required:

• statement;
• passport of the applicant and spouse who are the parents or official guardians of the child;
• birth or adoption certificate;
• a document confirming the child’s Russian citizenship;
• extract from place of residence.

Note!

You do not have to wait any time after the birth of your child to receive your certificate. Parents or official guardians can apply to the Pension Fund immediately after the birth or adoption of a second or subsequent child.

What is maternity capital: what you need to know about it

Maternity capital is allocated to families with two or more children. The implementation of this government measure. support is provided in the following way:

• after the birth of a second or subsequent child, a woman applies to the Pension Fund and receives an MSK certificate;
• after the grounds specified in Law No. 256-FZ arise, you can submit an application for disposal of MSC funds;
• maternity capital is provided once, and you can use it for the entire amount at once, or in parts;
• The MSK certificate is personal, i.e. it cannot be sold. donate or transfer to other persons.

The issuance of MSK certificates and verification of documents on the disposal of maternal capital is within the powers of the Pension Fund. Applications and documents can also be submitted through the MFC, but decisions on them will still be made by Pension Fund specialists.

What can you spend maternity capital on?

The legislation defines the process of spending maternity capital and the accompanying norms for its receipt. The necessary data can be found in Federal Law No. 256 “On additional measures of state support. “, which is the main document containing information about maternity capital.

The paper spells out the basic conditions for disposing of this type of state support, namely:

• parents can use the funds received to cover the following needs: improvement of living conditions, pension or education of the child;
• to obtain confirmation of capital disposal, it is necessary to draw up a special application, to which it is necessary to receive a positive response from the Pension Fund of the Russian Federation;
• upon receipt of approval, the Pension Fund transfers funds through a state bank by bank transfer;
• the moment when parents can already spend the money received comes when the second child (or the subsequent one who is entitled to receive a certificate) turns 3 years old;
• in some cases, parents have the right to spend the funds received immediately.

Note!

You can spend financial assistance immediately after the birth of a child in the case when the funds are used for the child’s preschool education. This amendment was introduced into the law in 2018 - Federal Law No. 432-FZ dated December 28, 2017. Now parents can use maternity capital to pay for a kindergarten, nursery, developmental classes and other supervision and care services. It is necessary that the enterprise organizing preschool education has a license and accreditation.

The main areas in which the state recommends investing its subsidies are:

• acquisition of real estate;
• preschool, school, secondary, higher education;
• investing in retirement.

When reading the law on maternity capital or information on Internet resources, you can come across facts that money received from the state can be spent on improving housing conditions. This does not mean renovating the apartment; what we mean here is buying a home.

Upon receipt of consent from the state, parents can enter into any transaction for the purchase of housing. The main thing is that it is properly designed and legal. With money from maternity capital, you are also allowed to build a house yourself, purchase housing on credit, or alienate living space.

The second point describing the area of ​​possible spending of the money received is the child’s education. It is interesting that funds from the capital received can be spent not only on the education of the child upon whose birth the funds were received.

Education can be provided to several children at once. The main thing is that their age is between 0 and 25 years.

Article 11 of Law No. 256 confirms that when maternity capital is spent on education, there is no division into the order of birth of the child who receives it, so the money can be spent on providing education for both the first-born and subsequent children.

In 2020, some changes were made to the maternity capital program:

1. If the second child was born after January 1, 2018, it is possible to use maternity capital funds for monthly payments. To obtain such a right, it is necessary that the average income per family member be 1.5 times less than the subsistence minimum (the calculation takes into account the average value for the region of residence).
2. Every month the maternity capital will decrease by the amount of the monthly payment. It can be received before the child reaches 1.5 years of age. At the same age, monthly payments stop, and parents can spend the remaining money on other purposes (from those described above). Guardians can redirect maternity capital at any time.

The last area of ​​possible investment of funds received from the state is pension savings. A mother who has given birth to two or more children has the right to set aside maternity capital until she reaches retirement age and use the funds as her own pension.

The owner of the certificate has the right to dispose of maternity capital. Basically it is a woman. However, when purchasing a home with a mortgage loan, the woman’s husband can also dispose of the capital if he is a party to the loan agreement.

The same rule applies in the case of construction or reconstruction of an individual residential building without the involvement of a third-party organization, if the title documents are issued in the name of the spouse. This is possible only upon presentation of a written application from the person who owns the certificate.

To start spending funds, the owner of the certificate must write an application to the Pension Fund of the Russian Federation indicating the purpose and amount of maternity capital that he wants to use. Since August 2, 2010, Federal Law of July 28, 2010 N 241-FZ “On amendments to certain legislative acts of the Russian Federation and on the procedure for providing a lump sum payment from maternal (family) capital” has strict links to the dates of filing an application for the disposal of maternal capital within the year (until May 1 and October 1) are cancelled.

Currently, Part 6 of Article 7 of the Federal Law of December 29, 2006 N 256-FZ “On additional measures of state support for families with children” establishes that an application for the disposal of maternity capital funds can be submitted to the Pension Fund of the Russian Federation at any time after the expiration 3 years from the date of birth or adoption of the second, third or subsequent children, except for cases when part of the funds or all of the funds of maternity capital are sent at any time, regardless of the date of birth of the child who gave the right to maternity capital:

• If it is necessary to use maternity capital funds to pay the down payment and (or) repay the principal debt and pay interest on loans or borrowings for the purchase (construction) of residential premises, including mortgage loans.
• In the case of purchasing goods and services intended for social adaptation and integration into society of disabled children.

The application shall indicate the type of expenses for which maternity capital funds are allocated, as well as the amount of these funds. In the case of directing funds from maternity (family) capital for the purchase, construction of housing, as well as for the construction or reconstruction of an individual housing construction project without the involvement of a construction organization, carried out by the spouse of the person who received the certificate, this circumstance is indicated in the application.

Along with the application for the allocation of maternity capital, regardless of the purpose of spending maternity capital funds in accordance with paragraph 5 of the Rules for filing an application for the disposal of funds (part of the funds) of maternity (family) capital, approved by Order of the Ministry of Labor of Russia dated 02.08.2017 N 606n, the certificate holder will need to present:

• identification documents, place of residence (stay) of the applicant;
• identification documents, place of residence (stay) and powers of the applicant’s representative - in case of filing an application through the applicant’s representative.

Depending on the direction of spending maternity capital, it is also necessary to submit documents in accordance with the List of documents necessary to exercise the right to dispose of funds of maternity (family) capital, approved by Order of the Ministry of Labor of Russia dated 02.08.2017 No. 606n (Appendix No. 2).

An application for the disposal of maternity capital funds from November 1, 2014 can also be submitted to the multifunctional center (MFC).

• The period for transferring maternity capital funds in 2020 has been reduced from 1 month to 10 working days from the date of the decision to satisfy the application for the disposal of these funds, and in general from filing an application for the disposal of funds to payment - 1 month 10 days (there were two months: at consideration of the application for the disposal of maternity capital funds was given 1 month and another 1 month for the transfer of funds).

The procedure for disposing of funds (part of the funds) of maternity capital

After the applicant has received the right to dispose of maternal family capital, all he has to do is pick up the certificate and use the funds received for their intended purpose. You can acquire a certificate either immediately after the birth of your son or daughter, or after a while. Parents will be able to use the money for its intended purpose when the child turns 3 years old. However, there are a number of exceptions in which you can use the money earlier - when paying off a mortgage loan or if you need to buy things for disabled children.

To receive a certificate, you must fill out an application (a sample is presented below) and submit it, along with the accompanying papers, to the local representative office of the Pension Fund. The certificate is provided in the following cases:

• mother of the baby, if the latter was born in 2007-2018;
• the father who adopted the child;
• to the father, if the mother does not have the right to use maternal capital (if a woman is deprived of parental rights, the death of a parent, or she commits a crime against her son or daughter);
• if both parents have lost the right to MK, the minor child himself can receive the payment (when studying full-time, the maximum age of the child can reach 23 years).

The certificate is handed over during a personal meeting with the citizen or by postal delivery. If the paper is lost, the parent has the opportunity to obtain a duplicate.

In the event that one of the parents obtains guardianship or adopts the spouse's children, this payment is not due. After receiving the certificate, all that remains is to obtain permission to use social assistance. For this purpose, an application is also submitted to the Pension Fund.

In accordance with the Federal Law “On additional measures of state support for families with children,” part or all of the family capital can be used for the following purposes:

• to purchase housing or improve living conditions;
• to pay mortgage debt;
• to pay educational institution bills;
• to improve the quality of life of children with disabilities;
• to form a mother’s pension savings account.

Application for disposal of funds (or part thereof) of maternity capital - sample

The form for the use of part or all of the social assistance funds is submitted personally by the owner or his legal representative. The structure of the application for the disposal of family capital is presented in the table.

A complete list of documents for disposing of maternity capital funds

You can submit documents in person, with the help of a representative, or by sending them by postal service or through the State Services website. The latter option is possible only if the applicant has an electronic signature. You can send an application for disposal of family capital by letter after preliminary notarial registration of documents, and if submitted by a representative, a power of attorney will be required. It is worth knowing that it is best to submit documents before May 1 or October 1, otherwise you may have to wait more than six months for payment.

The required list of documents differs depending on the purpose of using maternity capital. The following documents must be provided: passport, SNILS, document confirming place of residence, birth certificates of children. In addition, you will need one of the following documents:

• a notarial agreement of all family members, which deals with the purchase of housing;
• contract for the purchase and sale of a house, registration of a mortgage or participation in shared construction;
• document on renting a room in a dormitory;
• a document from an educational institution confirming paid education for a son or daughter;
• medical certificate confirming the child’s disability.

Related news

To ensure that families not only receive maternity capital faster, but also do not waste effort on obtaining it, starting from April 15, 2020, the Pension Fund began proactively issuing MSC certificates.

Cherkessk, July 6, 2020. A busy time has begun for the families of Karachay-Cherkessia, which have graduates. Yesterday's schoolchildren set off to conquer the best universities in the country with the goal of obtaining a higher education. The branch of the Pension Fund of the Russian Federation for the Karachay-Cherkess Republic reminds that educational.

Let us remind you that the maternal family capital program (MSC) is aimed at providing support to families, including the education of children.

In 2007, a state program began to operate in our country aimed at providing material support to families with minor children, known as “maternity capital”.

Over the past years, it has gained enormous popularity and has largely fulfilled the objectives that were set through its implementation, including improving demographic indicators and increasing the well-being of citizens with children. In this regard, the maternity capital program, which has a certain period of validity, was repeatedly extended, and the means of state support, as well as the forms of disposing of them, were expanded.

Drawing up an application for disposal of maternity capital and filling out a sample

However, it should be noted that MK funds are not issued in the form of cash in the hands of citizens. Persons with children receive a special certificate, which is an official document in the prescribed form.

In addition, MK funds can only be spent strictly on needs established by law. Most often, citizens use these government support measures to improve their family’s living conditions.

Accordingly, having a certificate in hand, citizens can count on help from the state, but this is only possible when managing maternity capital funds. To do this, you must submit a corresponding application.

The document is drawn up and filled out using a special form . Writing it in free form is excluded.

Required details

The application must indicate:

• passport details of the person;
• certificate information;
• information about the child;
• goals for managing state support funds;
• document submission date.

Expert opinion

Alekseev Dmitry Yurievich

Lawyer with 6 years of experience. Specialization: civil law. Member of the Bar Association.

As a rule, upon personal contact, employees of the authorized body provide all the necessary information and assistance in filling out the appropriate form.

Contents of the statement

In general, conditionally, several blocks can be distinguished in the application form, where the applicant indicates the necessary information. Let's take a closer look.

Name of the Pension Fund of Russia body to which the application is submitted

It should be noted that a citizen has the right to submit an application both at his place of residence and to any other territorial body of the state pension fund.

Personal data

Here are the following:

• Full name of the applicant;
• relation of kinship to the child (status);
• Date of Birth.

Certificate details

• SNILS number of the applicant;
• series and document number;
• date of issue of the certificate.

Passport details

• series, passport number;
• date of issue and name of the government agency that issued the document;
• address.

Representative information

If issues related to the disposal of MK funds are handled by a trusted person, then information about him is also included in the application.

Information about target spending

Next, the applicant indicates for what purposes he requires state support funds (improving living conditions, children’s education, etc.), as well as the required amount.

Confirmations

Next on the form is a mini-questionnaire containing questions about whether the applicant has restrictions on parental rights, whether he has committed intentional crimes against children, and whether he agrees with the rules for the provision of state support.

List of documents

At the end, the applicant indicates the documents attached to the application.

Citizen's signature and date

At the very end of the form there is a tear-off sheet, which is filled out by an employee of the authorized body and handed over to the applicant. It confirms that documents have been received.

Application Form

The document can be issued either in the form of a paper document or an electronic one . The printed form is filled out in accordance with the established form. It is important that the information provided in it is reliable. The form must not contain any erasures or corrections.

How to fill out an application for MK order

The described document cannot be drawn up in free form. There is an approved form. A sample application for disposal of maternity capital can be seen at the local Pension Fund branch.
The rules for filling it out are quite simple:

1. The form is a sheet with questions that need to be answered.
2. Each line contains information corresponding to official data.
3. That is, they must be taken from the documents that are submitted to the Pension Fund along with the application.

Attention: errors and omissions in the application may lead to refusal to satisfy it.

The following information must be carefully entered into the document:

• personal data - from the passport;
• information about the certificate - look at its form;
• the child’s date of birth - taken from his birth certificate;
• data of the authorized person - from the passport and power of attorney (if the application takes place through his mediation);
• the intended purpose of the money - the amounts are taken from the relevant documents.

When filling out the application form for disposal of maternity capital, you must confirm that:

1. the applicant is not deprived of parental rights;
2. did not commit crimes against children;
3. understands his responsibility.

Important: a citizen may be punished for providing false information.

Where to apply

It is necessary to submit a document for the disposal of maternal capital to the local branch of the state pension fund. It is the employees of this organization who decide on the permissibility of disposing of MK funds.

In addition, you can submit a complete set of documents to the MFC. However, multifunctional centers, at their core, act as intermediaries between citizens and government agencies. Thus, the decision to approve the application is made by Pension Fund employees, regardless of the form in which it is submitted.

An electronic document can be issued through the State Services portal or your personal account on the website of the state fund. In this case, notification of acceptance will be sent to the applicant by mail. The review period is 30 days.

Management of maternity capital through the MFC

You can submit an application for disposal of maternal capital in person, through a legal representative (if you have a document confirming your authority) or through a proxy (a notarized power of attorney is required).

It is possible to make an appointment in advance (but not earlier than 2 weeks) in one of the convenient ways:

• Receive a coupon with a confirmation code at the electronic queue terminal , which is located in each MFC branch building.
• Via the Internet - using your personal account on the website of the State Services portal . The account must be verified. In this case, an electronic queue coupon is also generated.
• Sign up by calling the phone number listed on the MFC branch website. Upon completion, the applicant will be provided with a confirmation code.

The application for the disposal of maternity capital can be filled out on the spot; the employees of the Multifunctional Center will check that it is filled out correctly and all the necessary data is indicated.

After the necessary processing, the documents will be sent to the territorial body of the Pension Fund. The application for disposal is considered within 30 calendar days . Notification of the decision is sent to the MFC no later than 5 days after its adoption.

What documents need to be attached to the application?

The application is usually accompanied by documents confirming the citizen’s right to dispose of state support funds.

These include:

• certificate;
• passport;
• a document providing the basis for the disposal of funds (a housing purchase and sale agreement, an agreement on the provision of educational services to a child, and so on);
• birth certificate of children, marriage.

This list is not exhaustive, since depending on the specific situation, the list of documents may vary significantly. Original documents are provided for review by an authorized employee of the Pension Fund or MFC, and their copies are submitted.

Management of maternal capital is carried out by submitting an appropriate application. It can be issued either on paper or in the form of an electronic document.

How to cancel an application

The owner of a family certificate has the right to change his mind and refuse the submitted application; to do this, he submits a new application. The procedure for filing a new application is similar.

Examples of practical situations:

• To prove the transmission of information by mail, both parties must carry out with acknowledgment of receipt
• When sending several applications with similar content to the Pension Fund, only the last application with a newer date will be processed
• To cancel an application, a new application must be submitted in the same budget period
• If the original documents have been submitted to the Pension Fund, they can be returned. To do this, an appeal is drawn up in free form, indicating the type and details of each paper.
• If all maternity capital funds have been used, the Pension Fund will send a notification that the citizen no longer has the right to receive additional government assistance

Useful video

Tips for filling out from an MFC employee:

Maternity capital is a form of financial support from the state that stimulates fertility and supports young families. In order to avoid improper waste of maternal capital, pension funds maintain strict control over the expenses of this resource, and therefore certificate holders are required to provide reports on the funds spent.

There are three main areas in which parents (or authorized representatives) can spend maternal capital - improving living space, educating children and investing in a funded pension. We will tell you further about what the disposal of maternity capital includes and what documents are required for its registration.

Management of maternity capital

Documents and requirements from the seller of the property

To receive payment from the Pension Fund, the seller must open an account with Sberbank.

Documents from the owner for the transaction:

1. owner's identification card;
2. confirmation of ownership of a housing property;
3. the agreement on the basis of which the certificate of ownership is issued;
4. Form 9 about registered residents;
5. notarized permission of the spouse for the purchase and sale of real estate;
6. Bank details.

To submit to the MFC for the purpose of registering a completed transaction, you will need:

• agreement between buyer and seller;
• form 9;
• a document from the guardianship authorities stating that the rights of minors have not been violated;
• passports of all owners;
• document confirming the consent of the spouse.

To submit to the Pension Fund you will need:

• contract of sale;
• receipt for receipt of funds from the buyer;
• information from the passport office about registered residents;
• a certificate from the accounting department of the passport office confirming that there are no debts for utility bills;
• registration certificate of the residential premises;
• permission from guardianship authorities;
• extract from the Unified State Register of Real Estate;
• certificate confirming mental health (may be required in some cases by buyers or representatives of the PF).

How to send an application

In 2020, obtaining a certificate for MK is possible in two ways: on paper or in the form of electronic documents (this format was launched three years ago). To receive maternity capital, you must submit an application. There are four main options for filing this paper:

visiting the district Pension Fund and writing an application on the spot. This method is convenient in that Pension Fund employees will be able to answer the designer’s questions and help with some problems that may arise when filling out paperwork and attaching documents;

An application for a certificate can be written at one of the Pension Fund branches

Personal account on the Pension Fund website

From May 31, 2020, the rules for filing applications for the disposal of funds will change for holders of a maternity capital certificate. The Ministry of Labor in its order approves new rules for parents, credit institutions (banks) and the Pension Fund. Now you can apply for funds for education, home improvement and medical services in different ways.

What to do at the initial stage?

The right to maternity capital is confirmed by a certificate. This could be both father and mother. The certificate indicates the exact amount that will be allocated from the Russian budget for a specific family.

Cash is not issued; in order to receive government support, you must submit an application.

You can use maternity capital funds three years after the birth of a child, but the state has identified some areas on which funds can be spent immediately after the birth of a child.

Funds from maternity capital can be spent on one purpose, several at the same time, and used in parts.

Methods of submitting an application for disposal of maternity capital:

1. On the State Services portal. Not all targets are available.
2. In your personal account on the Pension Fund website. Not all targets are available.
3. At the Pension Fund branch.
4. Through MFC.
5. Sending the application by mail.
6. At the bank where the mortgage is issued.

An application at the bank is a new way to manage maternity capital without visiting a branch of the Pension Fund or MFC.
This speeds up the process significantly. The bank itself sends all information about the transaction to the Pension Fund. Application through the Pension Fund - you can choose any branch - regardless of the place of registration or actual residence.

If the owner of the certificate does not have permanent registration in Russia - for example, he left for permanent residence abroad - then the application must be submitted directly to the Pension Fund of Russia.

Who can apply?

— owner of the certificate;

- representative by notarized power of attorney.

The spouse or father of the child cannot come with only a passport and dispose of maternity capital funds if the certificate is issued in the name of the child’s mother. The father will be considered a representative - a notarized power of attorney will be required. In addition, there is no electronic application for representatives. You need to come in person.

Application by mail

If you send the application by mail, the identity of the sender and copies of all documents must be certified by a notary.

For those living abroad, this can be done at the consulate.
There is no need to send original documents.
The application will be registered no later than the next business day after receipt and a notification of registration will be sent.

If any documents are missing, the application will be sent back within 3 days. In this case, only resubmission is possible; it is impossible to send documents.

Application via the Internet

There are two possible ways: through State Services or the Pension Fund website. There are only three purposes for using money:

— Improving living conditions;

- Education;

- Mother's funded pension.

If the family decides to spend maternity capital on monthly payments, you need to personally contact the Pension Fund or MFC.

Electronic applications are registered automatically. In response, you receive a notification of acceptance and a list of documents that need to be brought to the Pension Fund office. They must be provided within 3 working days.

Previously they gave 5 working days. After three days, the application is canceled and a refusal is received.

The application is submitted at the bank

After submitting an application to the bank, the credit institution itself sends information about the transaction to the Pension Fund. A separate visit to the Pension Fund is not required.

The list of banks accepting such applications is limited.

Cancel application and change purpose

If the family decided to use maternity capital funds for a mortgage, and then changed their decision, then within 10 working days from the date of registration of the application, it can be canceled.

Confirmation of cancellation will arrive within 3 days.

It will not be possible to cancel the application if you cancel the application later than 10 days. The Pension Fund will already send the funds to the purpose stated by the certificate owner.

But if the goal is monthly payments, you can refuse them next month. If you used it for a funded pension, you can cancel at any time. In other cases, it will not be possible to change the decision.

Deadline for funds transfer

In 2020, an application for the disposal of maternity capital is considered up to 30 days. From 2021, this period will be reduced to 10 working days.

First, the Pension Fund sends a notification of the decision, then transfers the funds.

The translation period depends on the purpose of use. Funds will be transferred to improve housing conditions in 2020 within 5 working days.

From April 11, 2020, the deadline for transferring money is exactly 5 working days. Although it is written on the Pension Fund website that the period is 10 days. This is wrong.

To pay for education, the Pension Fund makes the first payment within 5 working days and then according to the schedule. If the tuition fee has changed, you must submit an application specifying the amount. Then the first payment will take 10 working days.

If you receive information from a Pension Fund employee about other deadlines for transferring funds from maternity capital, you must request references to regulatory documents.

Source - Order of the Ministry of Labor of Russia dated March 24, 2020 N 149n

Documents for issuing a certificate

At the legislative level, there is a standard list of documents with which the holder of maternal capital must “support” his application. In order for an application for a certificate to be approved, it must be provided with the following documents:

• passport;
• SNILS;
• birth certificate (certificates of all children of the applicant must be provided);
• a document confirming the court decision on adoption (if there are adopted children).

Sample certificate for MK

As you can see, collecting all these documents is quite easy, since all of them are usually at hand and do not require additional effort in searching or filing.

It is important for the applicant to be prepared for the fact that in some cases employees of the Pension Fund or MFC require additional documents in addition to those listed above. Such claims have no legal basis, and the citizen has the right to refuse to provide the employee with other documents. Such optional documents may include:

• extract from the house register;
• certificate from a passport officer;
• documents confirming the place of residence of the child/children.

Sometimes employees require documents that are not on the mandatory list

Secondary and primary market

The documents for purchasing an apartment from a developer differ from the list of documents when purchasing on the secondary market. Required:

1. agreement with the developer;
2. statement of account about the amounts paid and the amount of installments;
3. mortgage loan agreement (if payment is made through a bank);
4. obligation of the construction company, including the deadlines for the registration of ownership of housing with the allocation of a share to all family members.

After collecting the documents, they should be submitted to the PF , the wait is 2 months, if the verification was successful, then the maternity capital funds are transferred to the seller’s account, to the bank that provided the mortgage loan, or to the buyer’s account, if their own funds were deposited before.

Incorrect collection may result in the Pension Fund’s refusal to provide funds, which may lead to the failure of the transaction, return of funds, or the need to find other options to repay the balance. Therefore, hire a lawyer to accompany the procedure.

Rules for disposing of MK

After your application is approved, you will need to go through several more preparatory stages in order to be able to manage your maternity capital. Due to the fact that it is impossible to simply cash out MK funds, its owner must clearly understand the purpose for which he is going to spend a certain amount of money.

(We have already made an idea about the purposes for which maternity capital is allowed to be spent). The application form required in this situation can be seen in the image below.

Application form for MK order

The application is filled out by the owner of maternity capital himself or by an authorized person. You can read about the specifics of filling out this application below.

We fill out an application for the disposal of MK funds

Application processing time

Expert opinion

Alekseev Dmitry Yurievich

Lawyer with 6 years of experience. Specialization: civil law. Member of the Bar Association.

Applications at the regional offices of the Pension Fund are considered as part of a general queue, therefore, in different situations, the response may take different times. On average, it takes PF employees a month to review an application.

If it is approved, over the next month a portion of the funds will be transferred to the account of the holder of the certificate for maternal capital.

Additionally

Additional documents are attached to the main package of documents depending on the type of transaction.

Mortgage

To submit to the Pension Fund you will need:

1. mortgage insurance policy;
2. information from the bank about the property being pledged;
3. mortgage agreement.

Participation in shared construction

PF will consider:

• a copy of the agreement with the developer;
• obligation of the developers, notarized, regarding the timing of registration of the property as the property of the buyer.

Acquisition of a share of real estate

After the share is redeemed, all residential premises must belong to the owner of the certificate . For example, this is possible when a family owns half of the apartment, and at the expense of maternity capital, registers ownership of the second half of the home.

The law prohibits the purchase of a share in a property that will have multiple owners after the transaction is concluded.

The set of documents does not differ from the main package, however, a certificate of ownership must be issued for the purchased share.

In installments from the developer

The application to the Pension Fund must be accompanied by:

• original or copy of the share participation agreement;
• information about the progress of payments and the balance amount.