Sunday, October 30, 2011

Law on Protection of the rights of housing will come into force on 1 April

Law on the Protection of the rights of housing construction has not yet entered into force (this will happen in April Fools' Day, April 1), but has already managed to get a lot of negative feedback. Experts say that the document was taken in a hurry, so he turned and such. It protects the rights of shareholders - to the detriment of rights of developers, establishes strict control over financial flows. Document scared and builders, and even government officials. For example, Alexei Chichkanova (Kuga) embarrassed that now interest holders will be able to register their apartments, regardless of whether paid construction workers to the city or not. Developers estimate that the new rules will lead to more expensive projects. Called numbers from 5 to 15 percent. In the construction industry there are new risks. For example, the interest holders can hold up to three months without pay for the harmful consequences. But if the developer will break or change the terms of the project - he faces any sanctions. Market participants fear: what if there were no treatment Forest disease. However, the authors of the law promised to collect comments from experts across the country and - perhaps - to be amended.

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