RISKS OF IN NEW BUILD CONSTRUCTION OF APARTMENT BUILDINGS CO-FINANCED BY THE FUTURE PROPERTY OWNERS
This article is devoted to the review of the most frequent risks associated with participation in shared construction. The contract of equity participation in construction must provide the shareholder with guarantees for the protection of his rights. Below in the article the main of these guarantees are presented. The Law ”On Participation in Shared Construction of Apartment Buildings and Other Real Estate Objects“ of December 30, 2004 provides for a wide range of guarantees for the holders' rights, but in eq order to use these guarantees, one must know their rights and pay the necessary attention to the various terms of the agreement. Unfortunately, with participation in shared construction, it is impossible to completely avoid risks - there are too many factors affecting the degree of risk. The article reveals the most common risks.