Document from CIS Legislation database © 2003-2024 SojuzPravoInform LLC

The document ceased to be valid since  October 10, 2016 according to Article 42 the Law of the Republic of Kazakhstan of April 7, 2016 No. 486-V ZRK


of July 7, 2006 No. 180-III ZRK

About equity in house construction

(as amended on 29-12-2014)

This Law governs the public relations connected with activities for the organization of construction of residential buildings due to fund raising of physical persons and legal entities for equity in their construction and also establishes guarantees of protection of the rights and legitimate interests of agreement parties about equity in house construction.

Article 1. The basic concepts used in this Law

In this Law the following basic concepts are used:

1) agent bank - the bank of the second level accepting the deposit of the shareholder;

2) the project company - the legal entity whose more than fifty percent of the authorized capital are created by the builder, performing the licensed activities for the organization of construction of residential buildings due to fund raising of shareholders;

3) warranty period - time throughout which the builder guarantees preserving quality of the indicators of construction object specified in project (project and estimate) documentation and possibility of operation of construction object (residential building) according to the agreement on equity in house construction;

4) the builder - the legal entity performing activities for the organization of shared-equity construction of residential buildings on the parcels of land belonging to it on the property right or on the land use right granted by local executive body, way of organization of the project company for construction of each residential building due to fund raising of shareholders;

5) cycle zero - complex of building and construction works on construction of the parts of the residential building located below the conditional project mark accepted for zero;

6) permission to commissioning - the signed act of the state inspection of acceptance of the residential building;

7) share in the apartment house (residential building) - the residential and (or) non-residential rooms transferred to the shareholder under the transfer act which are part of the apartment house (residential building) built according to the construction project under the agreement on equity in house construction. In case of origin on such residential and (or) non-residential rooms of the right of private property at the same time there is right of common ownership to common property in the residential building;

8) equity - the relations of the parties in case of which one party shall build the residential building and transfer in house construction by results to other party share in premises type;

9) authorized body in the field of equity in house construction (further - authorized body) - the state body performing management in the field of equity in house construction;

10) the agreement on equity in house construction - the agreement signed between the builder, the project company, the shareholder and agent bank, regulating the legal relationship connected with construction of residential buildings due to fund raising of shareholders;

11) the apartment house (residential building) under the agreement on equity in house construction (further - the residential building) - the structure consisting generally of premises, and also non-residential premises and other parts which are common property;

12) it is excluded


This is not a full text of document! Document shown in Demo mode!

If you have active License, please Login, or get License for Full Access.

With Full access you can get: full text of document, original text of document in Russian, attachments (if exist) and see History and Statistics of your work.

Get License for Full Access Now

Disclaimer! This text was translated by AI translator and is not a valid juridical document. No warranty. No claim. More info

Effectively work with search system

Database include more 50000 documents. You can find needed documents using search system. For effective work you can mix any on documents parameters: country, documents type, date range, teams or tags.
More about search system

Get help

If you cannot find the required document, or you do not know where to begin, go to Help section.

In this section, we’ve tried to describe in detail the features and capabilities of the system, as well as the most effective techniques for working with the database.

You also may open the section Frequently asked questions. This section provides answers to questions set by users.

Search engine created by SoyuzPravoInform LLC.