Survey of Land and Real Estate Transactions in the Russian Federation : Regional Report - Nizhniy Novgorod Oblast : Annex 1 (الروسية)
The survey dealing with Land and Real Estate Transactions in the Russian Federation was conducted in the period February the 1st to October the 17th, in 15 regions of Russia: Irkutsk, Nizhniy Novgorod, Novosibirsk, Rostov, Perm,Sakhalin, Kaliningrad, ... انظر المزيد +
The survey dealing with Land and Real Estate Transactions in the Russian Federation was conducted in the period February the 1st to October the 17th, in 15 regions of Russia: Irkutsk, Nizhniy Novgorod, Novosibirsk, Rostov, Perm,Sakhalin, Kaliningrad, Leningrad, Moscow, Sverdlovsk, Tomsk and Novgorod Oblasts, Khabarovsk Krai and the cities of Saint Petersburg and Moscow. The results of the survey as it relates to Nizhniy Novgorod may be summarized as follows: (a) ARCS companies use the procedure dealing with leasing land plots with buildings most frequently, even though it was the most time consuming procedure; (b) for BIS companies, the most time-consuming procedures were: leasing a land plot, which is currently state or municipal property, for construction during tenders without preliminary agreement on the object location, or obtaining ownership rights on land plots that are currently state or municipal property with buildings; (c) the most cost-plus procedures in terms of amount of total payments both for ARCS and for BIS companies were considered to be procedures related to land; (d) both ARCS and Bis companies reported unofficial payments to lease a land plot for construction; (e) according to the surveyed companies, time and financial inputs for obtaining the same documents may differ significantly depending on the type of the procedure; (f) by the estimate of the BIS companies, the key factors that allow for time and financial inputs to be cut short for passing through all the procedures, are administrative resource or special personal relations with officers of administrative bodies, as well as client knowledge of regulations guiding the procedure.
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