15.12.2022
18:47

In spring, Russian developers received easements from authorities

Six months later, lawyers evaluate the effectiveness of the measures taken ambiguously and advise shareholders "not to make sudden moves".

The easements also affected real estate buyers, but not all of them. Marina Tokmakova, Head of the Real Estate Practice of Duvernoix Legal, draws attention to the fact that the ban on the accrual of penalties does not apply to payments under loan agreements concluded with banks – the moratorium only applies to developers. At the same time, mortgages have been the main driver of the market over the past decade.

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