Encyclopedia
Systematic violation of payment deadlines
Systematic violation of payment deadlines — missing a payment deadline more than three times within twelve months or delaying the payment for more than two months1.
Federal Law No. 214-FZ dated December 30, 2004 "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", as amended on June 27, 2019, Article 5, paragraph 5 // Official Gazette of the Russian Federation. 2005. No. 1. Page 40. ↩