Moscow region developers make 6 thousand insurance agreements a year

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Moscow region developers make 6 thousand insurance agreements a year
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By May 5th 2015, developers of the Moscow region had insured their co-investment contractual liability (CCL) for more than 44 bln rubles.




As the regional press-service informed “Construction.ru”, the total area of insured property was 638 thousand m2. A total of 6,000 insurance agreements with 30 organizations were signed.
To remind you, on the 1st of January 2014, Federal Law ?214 and its amendments on participation in co-investment came into force. According to this, developers may make a co-investment contract only if they have insured their obligations towards interest-holders.

 



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