Articles

The major portion of amendments in the provisions of the Civil Code regarding debt delegation introduced on the basis of Federal Law No.367-FZ as of December 21, 2013 took effect on July 01, 2014.

 

Amendments in the Land Code will definitely affect the real estate market. Contractors and consultants, land owners and municipal officers will have to restructure their operations. Vera Ryabova, Senior Associate of Rightmark group, reflects on opportunities and challenges produced by the revised Land Code.

 

Alexander Rassudov, Managing Partner of Rightmark Group legal firm, Chairman of Board of Directors of Leader Group speculates about two extremes of the Russian legal system. 

 

Clauses on infrastructure development payments are being included in investment and land lease contracts throughout the country. However debates whether it is lawful to collect these payments are still continuing. Today the fact that developer money go into the budget does not guarantee that the funds are disbursed for city infrastructure development.

 

An apartment hotel is a premium and very popular concept of residential construction. Developers started to implement this new concept from the suburbs. Crystal apartment building in Repino and Landskrona House in Zelenogorsk were commissioned. Having countered the claims, Pioneer Group resumed the construction of Komarovsky Bereg housing complex. Alexander Rassudov, CEO of Rightmark Group legal firm reflects on the legal nuances of transactions with apartment hotels and the intricacies of law to be taken into account by developers and (especially!) buyers.