The housing issue will be decided by cadaster

Buyers illegally resold apartments that lost their property rights to housing, will be able to receive compensation from the state even before the capture of intruders. Its size should correspond to the actual damage and not be lower than the cadastral value of the object. At the same time, it will be almost impossible to take shelter from bona fide buyers for claims of state bodies and local authorities. The State Construction Committee and the legislation of the State Duma prepare corresponding amendments to the Civil Code of the Russian Federation and the law «On State Registration of Real Estate».

"A bona fide buyer bears financial losses in the absence of his guilt. In this case, the amount of compensation equivalent to the cadastral value of the object will allow a bona fide buyer to minimize the damage caused by wrongful actions of the guilty persons”, said to "Izvestiya" lawyer of the "Yust" law firm Lucyna Dou.
According to the lawyer, the limit of RUB 1 million, fixed now in the legislation, does not allow the bona fide buyer to compensate the damage in full.

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