Top 10 Legal Developments in the Russian Real Estate Market in 2018
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Key takeaways:
- This client update provides an overview of the most significant developments of 2018 in the Russian real estate, construction and infrastructure sectors.
- Important laws and draft laws change the rules of unauthorized construction; establish criteria for differentiation of capital and non-capital construction facilities; reform special investment contracts (SPICs); provide regulation of establishment of public easements, etc.
- Courts have issued key decisions affecting the consequences of terminating a construction contract for guarantee retention, changes in types of permitted use of land plots, responsibilities of the client and general contractor towards the subcontractor, etc