From 1 July 2022, developers will have to face major changes and additional obligations. How should one interpret the new provisions and how to prepare for the new Act, which enters into force in just under a month?
The property development industry is going to face significant changes when a new Real Estate Development Act comes into force. The terms of accepting apartments are to be changed. There will also be a Developer Guarantee Fund, to which developers will be obliged to make mandatory contributions. Purchasers will receive more information about the investment, and there will be more cases in which they may withdraw from the contract.
Watch the recording of part I of that webinar: The new Real Estate Development Act – key changes for investors
Watch the recording of the 2nd part of a webinar dedicated to developers, during which we explained the most important issues to be introduced by the new Act.
Date of the webinar: 14 July 2022, 11:00 AM
To watch the recording, please register.