Developed in a single form of conclusion of conformity of the developer and project declaration
The Ministry of Construction and Housing and Public Utilities of Russia has developed a single form of a conclusion on the compliance of the developer and the project declaration with the requirements of 214-FZ (AIA). It will consist of two parts – the general and the application.
The general part of the AIA contains several blocks:
– About the developer (name, OGRN, TIN)
– About the construction project (name)
– On the construction permit (the number of the permit, where and when issued)
– Planned method of attracting equity holders’ funds (Participation Agreement in share construction or Participation Agreement in share construction with the placement of funds in escrow accounts)
The draft AIA contains three options for possible applications. The first one is filled in if the building permit is received before July 1, 2018. and co-investors funds are not placed on escrow accounts. The second is if the building permit is received after July 1, 2018. and co-investors funds are not placed on escrow accounts. The third one must be filled in if the funds of the interest holders are placed on escrow accounts (regardless of the date of issuance of the building permit).
The draft order notes that the conclusion of compliance can be issued both on paper and in electronic form. The electronic conclusion must be signed by a reinforced qualified electronic signature.
Public discussion of the draft document will end today, September 26.
Source: Unified Register of Developers