Encyclopedia
Problematic Object
Problematic object — multi-apartment buildings and (or) other real estate objects, in relation to which the developer has violated the deadlines for completing the construction (creation) of a multi-apartment building and (or) another real estate object and (or) obligations to transfer the shared construction object to the participant in shared construction under the registered agreement on participation in shared construction for more than six months, or the developer has been declared bankrupt and insolvency proceedings have been initiated against it in accordance with Federal Law No. 127-FZ dated October 26, 2002 "On Insolvency (Bankruptcy)", if during the developer's bankruptcy the rules of paragraph 7 of chapter IX of the aforementioned Federal Law are applied1.
Federal Law No. 214-FZ of December 30, 2004 "On Participation in the Shared Construction of Multi-Apartment Buildings and Other Real Estate Objects and on Amending Certain Legislative Acts of the Russian Federation", as amended on July 13, 2020, Article 23.1, paragraph 1.1 // Collection of Laws of the Russian Federation. 2005. No. 1. Item 40. ↩