How to avoid scams construction?

13.07.2012 11:38
Articles about real estate | How to avoid scams construction? It sounded topic, a forum held today, July 13, the Confederation of Construction of Ukraine. Targets: to offer a number of mechanisms to prevent frauds in the construction industry.

Chairman of the Board CBU Leo Partskhaladze in his speech said that many people currently uninformed about the risks when buying a home under construction. He stressed that people should carefully study the documents are signed and understand their meaning.

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This requires an audit of the developer (who builds, the presence of the documents permits) pay attention to the agreements with the developer, which should be clear information about investment, the construction and timing of transmission built housing with particular rigor vidnesitsya to payments and guarantees , compensation and fines.

CBU wants to legislative (state) level to protect the rights of investors. To this end, the Forum participants propose amendments to existing legislation on work permits to conclude direct contracts for investment of the developer; mandatory registries of investors, developers and selection process will control them, pending registration of investment objects, the introduction of compulsory insurance risks under construction.

Viktor Kovalenko
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