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The Legal Consolidation of Investment Right of Individuals Protection Measures in Shared Construction

https://doi.org/10.22394/2686-7834-2022-4-19-24

Abstract

The article is dedicated to analysis of the existing legal consolidation of investment right of individuals protection measures in shared construction. The author notes following disadvantages of the legal consolidation in escrow invoicing: the lack of indexing of investors’ money in the account; the lack of partial disclosure with the purpose of avoiding bankruptcy. The article shows the necessity of legal confirmation of investor control over the developer’s activities during the investment project implementation and proposes measures to enhance the protective mechanisms and investment risks reduction aimed at stimulating the citizens’ investment in construction.

About the Author

E. B. Makushina
Saint Petersburg University of Architecture and Civil Engineering
Russian Federation

Elena B. Makushina,  Associate Professor of the Department of Legal  Regulation of Urban-Planning Activities and Transport, PhD in Pedagogical Sciences 

Saint-Petersburg



References

1. Kirsanov, A. R. Prospects for the Development of Legislation on Shared Construction. Property Relations in the Russian Federation, 2018. No. 2 (197). P. 64–75. (In Rus.)

2. Lavrov, V. V. The Nature of the Rights of Participants to the Object of the Participatory Share Construction. Experiences of civil research: collection of scientific papers. Moscow: Statut, 2016. P. 173–196. (In Rus.)


Review

For citations:


Makushina E.B. The Legal Consolidation of Investment Right of Individuals Protection Measures in Shared Construction. Theoretical and Applied Law. 2022;(4):19-24. (In Russ.) https://doi.org/10.22394/2686-7834-2022-4-19-24

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ISSN 3034-2813 (Online)