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NEW LEGAL CHANGES SET TO TRANSFORM THE TENANCY MARKET

April 2013 - Real Estate & Property. Legal Developments by Pepeliaev Group.

More articles by this firm.

The Russian Supreme Commercial Court's approach to the landlord and tenant sector is marked by its balance. In its attempts to tailor its approach to the developing practice on the Russian market, the Court is trying to meet the needs of both tenants and landlords.

It is, in fact, impossible to overstate the demand for such legal developments. This is especially so among foreign tenants and landlords, who are used to being able to agree more or less any term in a contract unless it violates general legal principles.

On the 21st of March 2013 the Russian Supreme Commercial Court issued a legal opinion clarifying the legal framework of landlord-tenant relations.

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About Author
Natalia Stenina specialises in real estate, environmental and corporate law.  Natalia has extensive experience in providing advice to foreign and Russian clients.
Natalia is concentrated on full scale due diligence projects, real estate transactions, restructuring, joint ventures, commercial and industrial real estate, investment projects and deal structuring in Russia and CIS, as well as the —Ālient advisory on a range on real estate and construction issues. Natalia has significant expertise in supporting on development issues.
Natalia also coordinates environmental group (health, safety, environment). On regular basis she provides advisory services on environmental regulation, environmental protection and industrial safety, and actively participates within the industrial committees of several associations.
Before joining Pepeliaev Group, Natalia worked as one of the leading lawyers in a major international law firm Clifford Chance, Moscow.

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About Pepeliaev Group

With more than a decade under its belt and over 180 attorneys based in Moscow and Saint Petersburg, Pepeliaev Group has cemented its position as the leading Russian law firm, which renders high quality legal services in Russia, the CIS and abroad. Our key services include tax advice and tax litigation; corporate; commercial/M&A; antimonopoly regulation; land, real estate and construction; dispute resolution and mediation; intellectual property and trademarks; employment and migration law; banking; customs and foreign trade regulation; administrative and criminal defence for businesses; telecommunications services; pharmaceuticals and healthcare; and environmental protection. The firm has more than 1500 clients in different industries, most of which are multinational corporations implementing long-term investment projects in Russia.

In 2012 Pepeliaev Group was the recipient of The Lawyer’s Law Firm of the Year: Russia and the CIS award.

Address: Krasnopresnenskaya nab. 12, Entrance 7, World Trade Center-II, Moscow 123610, Russia Tel.: + 7 495 967 0007; Fax: + 7 495 967 0008; website: www.pgplaw.ru