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Top 10 Legal Developments of 2017 in Russian Real Estate, Construction and Infrastructure Market
27 December 2017
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This client update provides an overview of the most significant developments of 2017 in the Russian real estate, construction and infrastructure sectors.
Important draft laws change the definition of immovable property; establish regulations for apartments turnover; reform the area of unauthorized construction; and provide for experiment with the use of blockchain technology in real property turnover.
Courts have issued key decisions affecting subleases of property and the right of a seller to terminate a sale and purchase agreement where title has been transferred to the buyer.
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