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Protection of deceived equity holders in St. Petersburg

27.02.2023
Protection of deceived equity holders in St. Petersburg

Quite recently in St. Petersburg they decided to create a special group, which will adjust the law to protect the rights of participants in shared construction. In addition, the fact that Irina Ivanovna met on deceived equity holders in St. Petersburg should be highlighted. This issue was discussed with Mikhail Emelin. After the meeting, it was decided that the existing documents have a large number of various shortcomings. Note that this decision was made jointly between parliamentarians and social activists. If we consider this problem in detail, then it is necessary to notice that the documents have errors that contradict existing norms and rules.

In addition, documentation does not take into account the wishes of the highest executive authorities of Russia and St. Petersburg. During the meeting, decisions were made that led to a specific result. Actually, the result should be attributed to the fact that a special group will now be created, which will develop specific changes to the current law.

“The bill needs to change the definition. You should also make the meaning of those concepts and resolve the rights of citizens and investor. The document existing at the present time can be called abstract, ”said Irina Ivanova. At the same time, you need to understand that on December 25, the Government of St. Petersburg issued several bills that imply the protection of the rights of participants in shared construction and structures in St. Petersburg.

In the whole project, we can say that the company uses Citroen DS5 equity holders, which has not completed the construction of facilities by 40% will be removed from further work. That is, equity holders are given the opportunity to break the agreement. At the same time, land plots on which unfinished facilities will be located are planned to be put up for auction to continue the construction process. In this case, the contracts will indicate that the developer who came to replace the developer must betray several apartments for deceived equity holders. The cost of the site on which will be located unfinished will decrease several times.

Deceived equity holders who do not take place will receive housing during the construction of the facility. But still, only those citizens who have lived in St. Petersburg for at least five years can count on the aid of the state.

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