In the survey for 2018 we discuss the main changes in real estate legislation adopted during the last year in Russia, which are of particular interest to practitioners, namely:

The brutal ruble devaluation and economic recession in the Russian Federation are the main reasons behind this steep drop off in overseas property activity.

Since the entry into force in 2005 of the Federal Law on participation in shared construction, relations between buyers of apartments in houses, which are being constructed and developers have come under closer attention from government agencies

On 3 November 2016 the Commercial Court of Moscow delivered a decision in case No. А40 167541/16 140 1462.

On 5 February 2018, the Arbitration Court of Moscow Region delivered its decision (hereinafter, the "Decision") on ZKK VODOKANAL (the "Company") (case No. А41-50945/17).

Crimea and Sevastopol became integral parts of the Russian Federation as two separate new Russian regions.

The current tax legislation provides various forms of support for organizations whose activities are aimed at developing infrastructure, supporting cultural institutions, social non-profit organizations, etc.

The adoption of Federal Law No. 218-FZ on the Public Law Company for the Protection of Rights of Individuals Who are Shared Construction Participants in the Event of Insolvency (Bankruptcy) of Developers and on Amendments to Certain Legislative Acts of the Russian Federation of July 29, 2017 ("218-FZ") is the latest step in the major reform of legislation on shared construction.

The Land Code of the Russian Federation allows foreign citizens, stateless persons, and foreign legal entities to purchase land plots located in Russia.

On 1 September 2023, Decree of the Government of Russia No. 754 dated 16 May 2023 On Approval of the Rules for the Localisation of Agricultural Plant Seed Production in the Russian Federation...

For many years, the Russian real estate market had been rather landlord friendly. The lack of economic growth has already changed this slightly over the last years.

The new federal law "On State Registration of the Real Estate" No. 218-FZ dated 13 July 2015 entered into force on 1 January 2017 ...

The Russian parliament is considering a draft law establishing mandatory notarisation for all transactions concerning rights to assets which are subject to state registration.

Under a construction contract, the contractor undertakes to construct a building or a structure or perform other constructions works in accordance with the instructions of the customer, and the customer undertakes to create necessary conditions for the performance of the works (i.e. to provide the land plot, to ensure transportation access to the site, to ensure electric power and water supply, etc.), accept the result and pay the price.

Building Savings Banks (BSBs") may be introduced into Russia based on the German 'Bausparkasse' model.

With agricultural commodity prices rising as drought reduces crops in the United States and Eastern Europe, the grain market is eyeing the possibility of Russian export restrictions.

These are contracts used in the context of developing construction documentation.