Constitutional Aspects of Protecting the Interests of Non-Professional Participants in the Shared-Equity Construction Market

DOI

10.2991/assehr.k.200321.115How to use a DOI?

Keywords

shared-equity construction, defrauded co-investors, right to housing, right to property, fraudulent developers

Abstract

This article examines the problems of legal regulation in the civil-law institution of shared-equity housing construction. In particular, we consider possible measures to protect the non-professional participants of this market. Our research indicates that at this time the latest amendments to the shared-equity construction law are aimed to protect primarily the interests of co-investors. Nonetheless, these changes in legislation violate the rights and interests of both the developers and non-professional participants of the shared construction market, which means that the problem of protecting the interests of co-investors remains relevant. This paper contains statistics and case examples that illustrate the existing situation. Using the results of this author’s research, we suggest some measures that can be taken to protect the interests of not only the co-investors, but the developers as well.

Copyright

© 2020, the Authors. Published by Atlantis Press.

Open Access

This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

Download article (PDF)

TY  - CONF
AU  - Ammar Raad Ali Jihad
PY  - 2020
DA  - 2020/03/24
TI  - Constitutional Aspects of Protecting the Interests of Non-Professional Participants in the Shared-Equity Construction Market
BT  - Proceedings of the XVII International Research-to-Practice Conference dedicated to the memory of M.I. Kovalyov (ICK 2020)
PB  - Atlantis Press
SP  - 212
EP  - 215
SN  - 2352-5398
UR  - https://doi.org/10.2991/assehr.k.200321.115
DO  - 10.2991/assehr.k.200321.115
ID  - Jihad2020
ER  -