Конъюнктурное исследование общероссийских и региональных аспектов страхования ответственности застройщиков в 2014–2015 гг.
Market Research of the Russian National and Regional Aspects of Builders Liability Insurance
Subject(s): Economy, Geography, Regional studies
Published by: Институт экономики Уральского отделения Российской академии наук
Keywords: liability insurance of developers; guarantee of credit institution; building society; building on equity participation agreement; mutual insurance association of builders;
Summary/Abstract: The article studies the ways and level of the protection of the rights of shared construction participants in Russia, and theutilization of builders liability insurance for the purpose to identify the problem regions and the prospects of the development ofmechanisms ensuring the liability of developers. The basis for the article was the study of real estate developers in 15 cities withthe population over 1 million people. The article presents the data of the types of fund raising for building housing in the citieswith the population over 1 million people, the regional differentiation in this parameter is highlighted. The article has explored theimplementation of mechanisms ensuring the liability of developers for transfering premises to the shareholders. The main factorsconsidered in the article are the form of registration of the relationship between a developer and an individual — an investor,as well as the mechanisms ensuring the liability of developers. It is shown that in some regions, the level of protection of theparticipants of shared construction is low. The mechanisms ensuring the liability of developers including the legal requirementsfor liability insurance and guarantee of credit institution are systematized. In the article, the key term of the liability insuranceof builders for default on obligations or improperly performing the obligations on the delivery of residential properties, and alsothe condition of the guarantee of credit institution on the delivery of residential properties are considered. The regional featuresof how people participate in the construction of housing are described in the context of mechanisms ensuring the liability ofdevelopers. The use of various ensuring mechanisms, the differences in insurance by the commercial organizations and by joiningthe mutual society are shown. The results of the study can be used at the correction of the state and regional policy in the fieldof housing construction. In the article, it is shown that in the future, the strengthening of the value of financial mechanismsproviding the liability insurance of developers should be expected in the connection of the growth of a number of incompletehousing for which the law provides a compulsory liability insurance of developers or security of credit organization.
- Issue Year: 12/2016
- Issue No: 2
- Page Range: 526-536
- Page Count: 11
- Language: Russian