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Legal Updates on All Latest Amendments to the Real Estate Legislation of the Russian Federation

(01 January 2009 - present)


30 July 2011

Resolution of Plenum of High Arbitration Court of the Russian Federation On Certain Issues of Resolution of Disputes Resulting from the Agreements with respect to Immovable Property to be Built or Acquired in Future

 

On July 11, 2011 Resolution of Plenum of High Arbitration Court of the Russian Federation No. 54 “On Certain Issues of Resolution of Disputes Resulting from the Agreements with respect to Immovable Property to be Built or Acquired in Future” was adopted. The Resolution provides for clarification of certain legislation provisions with respect to the sale and purchase agreements of immovable property concluded in the absence of state registration of title of the seller to such property, agreements connected to investment and finance of construction of immovable property, and clarifies other important issues. The Resolution is obligatory for all state arbitration courts of the Russian Federation.

Read more > (Russian)


15 June 2011

Latest Amendments to the Federal Law On State Registration of Rights to Immovable Property and Transactions Involving Such Property

 

Federal Law of June 4, 2011 No. 129-FZ “On the Amendments of Clauses 7 and 8 of the Federal Law “On State Registration of Rights to Immovable Property and Transactions Involving Such Property” and Federal Law “On State Immovable Property Cadastre” will come into force on June 17, 2011. The Law provides for establishment of new procedures of state recording (cadastral registration) of buildings, premises and real estate facilities during the transition period and introduces some other amendments.

Read more > (Russian)


27 January 2010

The Rates of State Duties for Legally Significant Actions Are Increased

 

Federal Law No. 374-FZ «On Amendments to Article 45 of Part I and Chapter 25.3 of Part II of the Tax Code and Other Laws of the Russian Federation and the Repeal of the Law on Fees for the Issuance of Licenses» dated 27 December 2009 will enter into force on 29 January 2010, except for certain clauses stipulating a different time frame.

The Law increases rates of state duty for various legally significant actions. For example, the amendments double the following fees, many of which foreign companies encounter regularly while doing business in Russia: filing fees for litigants in arbitrage courts and courts of general jurisdiction; renewal of a residency permit (to 2,500 Rubles); state registration of a legal entity (to 4,000 Rubles); accreditation of branch offices of foreign legal entities (to 120,000 Rubles).

Read more > (Russian)


22 January 2010

The Amendments Concerning to State Cadastre of Real estate and Registration of the Rights on Immovable Property

 

By the Federal Law No 334-FZ «On the Amendments to Individual Legislative Acts of the Russian Federation» of December 21, 2009, there are made the amendments to the Federal Law No 122-FZ «On state registration of the rights on real estate and bargains therewith» of July 21, 1997 and the Federal Law No 221-FZ «On state cadastre of real estate» of July 24, 2007, as well as other normative acts. The amendments concern to receiving of information about state registration of the rights on real estate items and bargains therewith; submission of documents to the registration, suspension of the state registration; rules of keeping of the United state registry or the rights on real estate and bargains therewith.

Read more > (Russian)


11 January 2010

Update On the List of Works Which Influence Upon the Safety of Capital Construction Facilities

 

Order No. 480 of the Ministry of Regional Development, dated 21 October 2009, entered into force on 9 January 2010. The resolution changes the list of types of works related to engineering surveys, preparation of design documentation, construction, reconstruction, capital repairs of capital construction facilities, which exercise influence upon the safety of capital construction facilities. According to the Order No. 480 general contractors and construction managers have to receive permission of the self-regulating organization from the 9 January 2010.

Read more > (Russian)


07 September 2009

Amendments to Some Laws of Moscow Region, Regulating Land Relations

 

On July 17, 2009, the Governor of Moscow Region signed Law of Moscow Region No. 96/2009-OZ "On introduction of amendments to some laws of Moscow Region, regulating land relations in Moscow Region”. The Law amending the Law of Moscow Region № 23/96-OZ "On regulation of land relations in Moscow Region" and the Law of Moscow Region No. 126/2008-OZ "On establishment of coordinating dimension of rent charge for land plots, owned by Moscow Region, or the state ownership to which isn't differentiated at the territory of Moscow Region, on 2009".

Importantly for investors and developers, the amendments enlarge the powers vested in the Government of Moscow Region & local authorities of Moscow Region. Particularly, beginning 1 January 2009 local authorities of Moscow Region have power to down-size rental payments for land plots etc.

Read more > (Russian)


 

Practice Areas | Land, Real Estate & Construction

Law Synergy offers a full range of legal services at all stages of investment projects and comprehensive post-commission legal support.

This is also a key area of our practice and this includes legal support of:

Legal Support for Greenfield and Brownfield land acquisition

Interaction with authorities

LEGAL STRUCTURING OF REAL ESTATE PROJECTS

LAND rights ACQUISITION

Establishment of and changes to land zoning

PREPARATION OF PRELIMINARY DESIGN AND PROJECT DOCUMENTATION

PROJECT FINANCING

CONSTRUCTION phase

TITLE REGISTRATION

DRAFTING & NEGOTIATION of COMMERCIAL PROPERTY LEASE AGREEMENTS

LEGAL SUPPORT OF LAND AND REAL ESTATE TRANSACTIONS

View more information about Land, Real Estate and Construction expertise

 

 

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Recent Legal Updates

Russian

[31.07.2011] New Law on Procurement of Goods, Works and Services by Certain Categories of Legal Entitites (Federal Law No. 223-FZ)

[30.07.2011] Resolution of High Arbitration Court of Russia No. 54 On Immovable Property to be Built or Acquired in Future

[15.06.2011] Latest Amendments to the Federal Law On State Registration of Rights to Immovable Property and Transactions Involving Such Property (Federal Law No. 129-FZ)

[13.06.2011] New Federal Law Concerning the Licensing of Certain Types of Activity (Federal Law No. 99-FZ)

12.04.2010] Public Acess to Court Decisions in Russia (Federal Law No. 262-FZ)

[01.04.2010] Changes to Federal Law "On Personal Data" (Federal Law No. 363-FZ)

[16.02.2010] New Russian Law on Trade (Federal Law No. 381-FZ)

[27.01.2010] The Rates of State Duties for Legally Significant Actions Are Increased (Federal Law No. 374-FZ)

[25.01.2010] Significant Changes to Russian Corporate Law (Federal Law No. 352-FZ)

[22.01.2010] The Amendments Concerning to State Cadastre of Real estate and Registration of the Rights on Immovable Property (Federal Law No. 334-FZ)

[11.01.2010] Update On the List of Works Which Influence Upon the Safety of Capital Construction Facilities (Federal Law No. 352-FZ)

[22.12.2009] Reversal of Deadline For an Obligatory Re-registration of Charters of Limited Liability Companies (Federal Law No. 310-FZ)

[15.12.2009] New Russian Anti-Insider Trading and Market Manipulation Legislation (Federal Law No. 241-FZ)

[03.12.2009] Priority Registration of Domain Names in Cyrillic Domain .РФ (.RF)

[15.09.2009] Clarifications of the Supreme Arbitration Court of the Russian Federation on the Bankruptcy Law

[09.09.2009] Government of the Russian Federation Clarifies Instances Where Agreements Between Economic Entities Are Permissible (Resolution No. 583)

[03.09.2009] Important Changes in the Corporate Legislation (Federal Law No. 205-FZ)

[28.07.2009] Important Changes in the Antimonopoly Legislation (Federal Law No. 164-FZ)

[15.06.2009] Amendments to Federal Laws Governing Joint-Stock Companies and Securities Market

[05.05.2009] Amendment to the Bankruptcy Law (Federal Law No.73-FZ)

[09.03.2009] Changes in the Limited Liability Companies Legislation (Federal Law No.312-FZ)

[09.03.2009] Changes in Restructuring of Legal Entities Legislation (Federal Law No. 315-FZ)  

[09.03.2009] Amendments to the Protection of Legal Entities Rights During State Control Actions Legislation (Federal Law No. 294-FZ)

More Legal Updates

Publications & Articles

[22.03.2010] Protecting The Rights of Secured Creditor Upon Bankruptcy | Article | Magazine "Commercial Real Estate"

[04.03.2010] Control of Insider Trading Activities and Manipulation of Market | Article | Magazine "Securities Market"

[11.01.2010] General Contractor: From Regulation to Self Regulation | Article | Magazine "Corporate Lawyer"

[12.12.2009] International Law Firms Tend to Dominate the Russian Legal Market | Article | Magazine "Legal Business"

[24.11.2009] When a Residential Developer Goes Bankrupt It Can Mean Trouble for Participants in Shared Construction | Article | Magazine "Finans." 

[03.11.2009] Point of View: Good Faith is not the Panacea for Buyers of Land and Country Estate | Article | Vedomosti

[05.10.2009] Anti-crisis Debt Restructuring of Russian Companies | Article | Slon.RU

[29.07.2009] Amount of the Bankruptcy Cases Will Raise Up to 40 percents | Interview | "Sobstvennik"

[16.07.2009] Tax Authorities vs. Miel | RBC-Daily

[14.07.2009] Creditor Rights Protection | Article | magazine "Finans."

[09.07.2009] Law Synergy Comments London High Court Action by VTB bank vs. Chalva Tchigirinski | Reuters, BFM.Ru, Gazeta.Ru, Pravo.Ru

[06.07.2009] Participants in Shared  Construction vs. Developers (article) | Vedomosti

More Publications & Articles

Latest News

[20.01.2010] Managing Partner of Law Synergy will be presenting at a major conference, Insolvency and Bankruptcy in Russia, organised by C5 (29 January2010)

[06.05.2009] Managing Partner of Law Synergy participated in Workshop on Distressed Debt Russia and CIS organized by C5

[05.05.2009] Who’s Who. Leading Lawyers of Russia