Construction introduced strict
It would seem not a complex and mutually beneficial mechanism for the interaction of the developer and the buyer, if not for thousands of deceived equity holders with unscrupulous construction firms. Adopted by the authorities 30.12.2004 The Federal Law “On the Take of Participation in the Lnutless Construction of apartment buildings and other real estate objects” is designed to protect equity holders from the actions of unscrupulous developers. Mostly a regulatory act regulating the mechanism of shared construction introduced strict requirements for companies attracting funds from equity holders.
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