Wednesday, October 26, 2011

How to solve the problem of defrauded shareholders

It's no secret that the primary market of housing (buildings) in a large number of Russians are not associated with new areas of happy faces and the new settlers, and with hunger strikes defrauded real estate investors and "frozen" construction projects. It is necessary to plant and real estate investors need to consider a serious criminal liability not only for developers, but also with respect to equity holders. For example, as a bribe. Namely, in our state criminal responsibility not only face the bribe and the person has given a bribe. Thus, if the shareholders will be held criminally responsible for the fact that they enter into a relationship with the developer, whose activities do not meet the 214-FZ of the law, then under threat of such liability interest holders will never go in the wake of unscrupulous developers. In turn, if the interest holders will not enter into contracts with developers who violate the law, which the majority, then, respectively, and unscrupulous developers will not be able to operate because of lack of demand from buyers, real estate investors. As a result, developers will have objective reasons to begin to execute the current legislation in the field of equity in the building. Professional and financial status at the legislative level to determine the minimum professional and financial status of the construction company, which has the right to enter into a relationship by building homes and apartments for implementation. Construction companies must meet the requirements of large, both in terms of the huge capital and professional staff personnel. Currently, most of them for development of entire neighborhoods are new, not very large company, with registered capital of 10 000, the leadership which are not professionals, builders and economists, but relatives and friends of officials of local administration. Compulsory insurance is necessary to introduce compulsory insurance as a whole construction of the house and the builder of execution of each contract individually participate in joint construction. Moreover, the risks to not only insure and insure large and serious companies that are able to pay cash and not go bankrupt. The state guarantees should be entrusted to the State guarantees to compensate the minimum amount of insurance premium if interest holders will not get paid for their housing. For example, as is the place to be in the banking sector to the insurance of deposits, where the state guarantees each depositor 700 000 rubles on deposit in the event of bank failure. State data at risk will be related to that field relationships much more seriously, do not allow such a large bankruptcy and cessation of the construction contractors.

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