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Top Five Legal Developments in the Russian Real Estate Market in the First Half of 2017
5 September 2017
View Client Update
This client update provides a brief overview of the most significant Russian legal and regulatory developments affecting the real estate, construction and infrastructure sectors in the first half of 2017.
Among the legislative developments covered are reform of self-regulation in the construction sector, prohibition on offshore companies acquiring state-owned and municipal real estate, new rules for aerodrome environs and reinstatement of notarization of real estate transactions.
The update also covers significant judicial developments, including cases addressing the possibility of terminating a lease due to economic sanctions, the right to recovery of payment for the use of property under a lease, and compensation of investor expenses incurred in a PPP project.
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