Encyclopedia

Developer


16) developer - a physical or legal entity ensuring the construction, reconstruction, and capital repair of capital construction objects on land plots owned by it, as well as carrying out engineering surveys and preparing project documentation for their construction, reconstruction, and capital repair;

Source: "Urban Planning Code of the Russian Federation" dated 29.12.2004 No. 190-FZ (as amended on 12.11.2012)

1) developer - a legal entity regardless of its organizational and legal form, which owns or leases, subleases, or uses under the terms provided by Federal Law No. 161-FZ dated July 24, 2008 "On Measures to Support the Development of Housing Construction" (hereinafter referred to as the Federal Law "On Measures to Support the Development of Housing Construction") a land plot on a gratuitous temporary use basis and attracts funds from participants in shared construction in accordance with this Federal Law for the construction (creation) of multi-apartment buildings and/or other real estate objects, except for objects of industrial purpose, based on the obtained construction permit;

Source: Federal Law No. 214-FZ dated December 30, 2004 (as amended on July 10, 2012) "On Participation in Shared Construction of Multi-Apartment Buildings and Other Real Estate Objects and on Amendments to Certain Legislative Acts of the Russian Federation"

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