The author posted a question in Legal Advice
how much should I specify in the purchase and sale agreement I buy 3 million or less and what risks do I bear? and got a better answer
Response from
If you are the buyer of an apartment, and the bank gave you a loan to buy a house, then you do not bear any risks to the tax authorities. So far, in practice, no one in our country asks anyone where you got the money from. If in fact the amount stated in the purchase agreement of 3000000 rubles does not reflect the full value of the actual money deposited in the safe deposit box with the seller of the apartment should require a receipt for the remaining amount. But in general, this is against the law, and should we look for an apartment with clean documents and agree to indicate in the contract the amount that the buyer actually pays the seller?
If you are the buyer of an apartment, and the bank gave you a loan to buy the housing, then you do not bear any risks to the tax authorities. So far, in practice, no one in our country asks anyone where you got the money from. If in fact the amount stated in the purchase agreement of 3000000 rubles does not reflect the full value of the actual money deposited in the safe deposit box with the seller of the apartment should require a receipt for the remaining amount. But it's actually against the law, and that's why you should look for an apartment with clean documents and agree to indicate in the contract the amount the buyer is actually paying the seller.
It depends on what you are buying.
In court, only the amount that is specified in the contract will be challenged. There may be problems with the tax authorities. And in general, the contract can be considered not concluded, since the price - an essential condition of the contract of sale. It is better to write the truth.
In principle there is only one risk! To receive from the buyer only the money that is specified in the contract! And before the state scams of this kind are practically not provable! They will not put you in jail but they can fine you for not paying tax if the tax man sits here and traces your deal by looking at your registration data on this site!
It is better to specify the real amount as if in court there will be disputes the amount of the contract will justify. If you were the seller, the less the amount, the less the payment of tax on income from individuals.
You can receive back only the sum specified in the contract in case the transaction is considered void.