How to Calculate Fractional Share of Cost Calculator [Updated 2021]

The method described above is the simplest. However, it is not suitable for uneven calculation of shares in an apartment. For example, if one of the residents increased the size of his part due to inseparable improvements to the living space (clause 3 of Article 245 of the Civil Code of the Russian Federation). In other words, I hung the wallpaper, replaced the plumbing, turned on the electricity, whitewashed the ceiling, and repaired the holes in the wall.

Housing in common shared ownership is registered to several owners. They may be relatives to each other or be strangers - it is not so important. It is much more important to calculate the shares in the apartment based on the total living area and the number of living co-owners. This calculation will allow you to avoid legal, everyday, personal and other disputes about the apartment.

How are shares in an apartment calculated?

Spouses can enter into an agreement and calculate the shares at their own discretion. For example, keep ⅔ for yourself, and allocate ⅓ of the fraction for your children. Calculations are related to the minimum living space per person. However, this approach is not always appropriate - if the purchased part is small, then it will not be possible to comply with the requirements.

One percent is a hundredth of the whole. If we take one as a whole, then the percentage can be expressed through a fraction - 1/100. It got its name from the Latin “pro cento”, which translates as “for a hundred”. Indicated by the % symbol.

Thirteen is considered a mystical number. In many countries it is excluded from use - in public transport, in theaters there is no row or place with this number, there are no such houses on the streets. It is believed that groups of 13 people should not gather, and there are many other examples. There is even a disease called triskaidekaphobia.

Sumerian counting system and the number 12

It may be accidental, but of all the spacecraft of the Apollo series (they were created specifically for flights to the Moon), the only ship on which an accident occurred was Apollo 13. Fortunately, none of the crew members died.

In the case where the user order by the co-owners of the property is not determined at the time of sale, but it is still possible to agree on such an order in the future and get a separate room at disposal, when assessing the share, experts recommend focusing on the cost of the smallest room in the shared housing, reduced by another 30-40%. Such a price reduction is associated with the potential costs of the future share owner for approval and determination of the procedure for using the housing.

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Problems on finding the fraction of a number and a number from its fraction

The main problems of the section are that the apartment includes rooms of different sizes. These are living rooms, kitchen, corridor, bathroom. Consequently, it is difficult to determine exactly which plot of housing an individual owner owns. A special situation arises with one-room apartments, where, in principle, it is impossible to determine isolated areas. The problem of calculating the share can be resolved in various ways. For example, an apartment belongs equally to two owners and consists of a large room and two smaller ones.

Lawyer Anisimov Representation and defense in court

This model is quite convenient to use for working with tables. For example, we need to calculate the amount of VAT from the revenue of each item of goods, which in Russia is 18%. To do this, stand on an empty cell in the line with the name of the product.

allocation of a share in kind is rarely possible, since the size of such units almost never coincides with the boundaries of separate rooms,
compensation for the cost of the share will be necessary if it is impossible to allocate independent accounting units in kind.

How to calculate the value of a share in an apartment if you need to determine the amount of compensation for the court? You can calculate the cost of a share in common ownership in an apartment using an online calculator for calculating the area to be purchased, as well as drawing up a report on the market value of the property.

Section stages

The calculation of the allocated unit is carried out based on the living space of the communal apartment occupied by citizens, while the final share of the co-owner includes the living space that belonged to him before the allocation, as well as part of the total area of such an apartment.

It is often necessary to calculate the size of a fraction in fractions. A similar situation arises if, for example, one of the owners made inseparable improvements to the apartment at personal expense (connected electricity, installed doors, windows).

Evaluation process

Only a qualified specialist can correctly calculate the share of living space and its cost. It is a mistake to believe that the calculation of the amount for part of the housing occurs by multiplying the share by the market value of the entire apartment.

This option can be used when selling the entire residential premises and further distributing the money between the co-owners. However, the algorithm for calculating the cost of a share is somewhat more complicated.

Firstly, if only part of the property is alienated, its market price is slightly lower than the assessed value of the entire apartment. Secondly, to calculate the share, you need to take into account many factors that have a significant impact on the price.

Experts estimate the cost of part of the housing using the formula RSD = (RSD x RD): K, where:

RSD is the market value of the share;
RSN – market value of real estate;
RD – size of the alienated share;
K is a reduction factor determined by calculation and representing the degree of sale of property.

This coefficient depends on several factors (for example, on the number of rooms in the housing and the size of the share alienated during the sale). To determine its value, you will also need the services of a professional appraiser.

Example

Let's consider an example of estimating the cost of 1/2 share of a one-room apartment in the center of Moscow in a nine-story new building, the market price of which is 6,000,000 rubles.

The cost in this case will be about 2,500,000 (the reducing factor must be determined by the appraisers in accordance with all the circumstances affecting the amount).

The presence of several owners and the remote location of the house from the metro station can significantly reduce the cost. The floor on which the apartment is located is also important. If a 1/3 share in this residential premises is sold, its amount will be approximately 1,800,000 rubles, taking into account the same factors.

Features of calculating shares

the size of the share is minimal (such shares are redeemed for a nominal fee - for example, to purchase the remaining shares or for registration);
the residential building is located far from the center, in a disadvantaged area, the infrastructure around is undeveloped;
minors are registered in the apartment - if there are conflict situations, problems will have to be resolved with their parents and guardianship officials;
the apartment is under arrest, pledge or other encumbrance;
the remaining owners are against the sale of the share;
the total cost of the apartment is low;
the house is in disrepair.

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Formulas used

establish the cadastral value of the apartment;
calculate the amount to pay in accordance with the share;
use the obtained value with the required tax rate in accordance with the regional indicator established by the constituent entity of the Russian Federation.

How to calculate shares in an apartment in fractions

This issue is usually resolved by paying monetary compensation in favor of the remaining owners. We have already talked about how to forcibly buy out a share in an apartment, as well as how to recognize part of a property as insignificant.

Calculation in fractions

The owners own this land jointly, and therefore manage it within the scope of their rights. The land and the equipment and structures located on it are in need of repair and maintenance. All apartment owners are given the right to vote and receive responsibilities to take care of landscaping according to the calculation of the share of the land plot.

Subsidies for the purchase of housing are also provided to young scientists working in scientific organizations. In this case, an applicant for state aid must have a total work experience as a researcher of at least 5 years, and his age should not exceed 35 years (or 40 years for doctors of science). The size of the subsidy is determined by the average market value of 33 square meters of housing per young scientist. At the same time, the young scientist must be recognized as in need of improved living conditions.

At the same time, a young scientist can take advantage of the AHML’s “Young Scientists” program, under which the loan size for the borrower is calculated based on his future income growth. Thus, a young researcher can receive a loan amount larger than his current salary allows. In addition, under this program, if a child appears in the family, it is possible to reduce the monthly payment for up to 1.5 years. The rate under the program ranges from 10 to 10.5%.

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How are shares in an apartment determined?

Example : The total housing area is 100 sq.m. Of these, 80 sq.m. are residential, and 20 sq.m. are non-residential. There are 2 owners. The share of each of them in square meters will be: X=80/2+20/2=50 sq.m. They will include 40 sq.m. residential and 10 sq.m. non-residential area.

If an agreement is not reached between the parties, the division and allotment of shares will be possible only in court. The requirement for the division and allocation of independent units must be made taking into account the following features:

Apartment share tax

number of co-owners: the more there are, the smaller the share for an individual;
property regime (joint property is not divided, since it belongs to several owners simultaneously);
number of rooms: a one-room apartment can be divided into shares, but the layout of such housing does not provide the opportunity to arrange them as separate premises (in other cases, you can allocate a share in kind - form a separate room with communications, an entrance);
footage of the premises: if it does not correspond to the person’s share, the latter has the right to demand compensation or pay it to the remaining owners himself.

How to determine shares in common shared ownership in 2021

Owning real estate involves having rights to housing and land. Apartment owners can also own land located under an apartment building, as well as other property directly related to the apartment complex.

In order to have a complete understanding of the scope of rights each homeowner has, it is necessary to study how to determine shares in common shared ownership.

Information about the scope of property rights is important for management, making important decisions, and bearing responsibility for the proper condition of common property and the entire complex of apartment buildings.

What is the owner’s share in the common property of the apartment building

Since it is possible to calculate a share in an apartment building only after identifying the full scope of the right, the very concept of common property of an apartment building requires preliminary study. According to the Code of the Russian Federation, the owners of premises in apartment buildings jointly own the following objects:

non-residential premises;
internal spaces that are not within the boundaries of specific apartments, related to the maintenance of premises in the house;
areas within 1 house, adapted and equipped to fulfill social and domestic purposes in the interests of all owners;
roofs of the building, as well as the structure of the house (load-bearing and non-load-bearing elements);
sanitary, electrical, mechanical equipment aimed at meeting the needs of the residents of the house or any of the owners in the apartment building;
the land on which the building stands, including areas with landscaping, landscaped, designed for operation and maintenance of the house.

By purchasing an apartment, the owner actually receives the right to a part of the entire property complex, including common premises, land, and equipment. Naturally, such property, like living space, also needs maintenance, maintenance, and improvement. To resolve legal issues related to management, it is necessary to understand the question of how to calculate the owner’s share in an apartment building.

How to calculate the share in common shared ownership

The calculation of the share in the common property of an apartment building is based on the provisions of housing legislation (Part 1, Article 37 of the Housing Code of the Russian Federation). This article establishes equal rights for property owners according to the amount of personal property. The more area a person owns, the higher the size of the share in the common property.

In simple words, the size of the common property owned by the home owner is determined in proportion to its part to the entire area of the apartment building. The calculation of shared ownership is based on the assumption that the total of all parts in the house is 100% or one. Further calculations can be carried out as a percentage (for example, 10%) or in simple fractions (for example, 1/10).

To determine the scope of the right of one of the owners, the area in the property is divided by the summarized indicator of the areas of the common property of the apartment building. There are some nuances to counting using different formulas.

Formulas used

A single formula used to identify the share of 1 owner is based on identifying the area of the apartment, the size of the owner’s property (if only part of the property is owned), and the sum of areas classified and accounted for in the category of common property.

Calculations in the form of a formula can be represented as follows:

Share in common property = Share in the apartment x area in the apartment / sum of common areas.

When determining the scope of joint property rights for owners of communal apartments, the areas of the kitchen, bathroom, corridors, and other common areas for residents of a particular apartment are taken into account.