Top 10 Legal Developments in Russian Real Estate, Construction and Infrastructure Market in 2016
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Key takeaways
- The Moscow office of Debevoise & Plimpton LLP presents a brief overview of the most significant developments in Russian legal regulation (including legislative initiatives) and court practice in the real estate, construction and infrastructure sectors in 2016.
- The overview covers changes in legislation (e.g., new rules in the system of registration of immovable property, regulation of transactions with parking spaces, reform in self-regulation in construction and amendments to the Law on Participation in Shared Construction), the main draft bills in the real estate and construction sector (e.g., on the construction permits, changes to the Land Code in connection with the abolishment of the land categories and amendments to the Civil Code on rights in rem) and the trends in development of court practice (e.g., issues related to lease agreements nominated in foreign currencies, demolition of unauthorized construction by administrative order, status of common property in single-family home housing developments and sale of immovable property without spousal consent).