Open AccessGuarantee Obligations of a Real Estate Developer: Challenging Aspects
Author(s) -
Olga A. Grigoryeva,
AUTHOR_ID
Publication year - 2021
Publication title -
ûrist
Language(s) - English
Resource type - Journals
ISSN - 1812-3929
DOI - 10.18572/1812-3929-2021-4-17-23
Subject(s) - obligation , real estate , business , liability , apartment , quality (philosophy) , event (particle physics) , real estate development , estate , accounting , finance , law , political science , philosophy , physics , epistemology , quantum mechanics
The article describes the issues of the liability of real estate developers for undue quality of apartment block construction. The paper studies the issue of provisions to be applied in the event of imposition of the obligation to execute guarantee repairs on a real estate developer. Options of application of contractor provisions or sale and purchase provisions are reviewed. Judicial practice reflecting various approaches is referred to. Guarantee term calculation peculiarities are analyzed.