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The investment in construction and implementation of the housing, as a rule, the following types of contracts: 1) an investment contract; 2) contract to build equity (both versions: "investment contract construction," "raise rift character builder funds to build," "assignment of investment of construction"); 3) contract assignment of housing; 4) The contract of sale of housing. The developers of the three investment laws as the main instrument to regulate the relationship of investment activity, called the treaty, but the object of his point was forgotten. The gap in legal regulation attempted to fill the judicial practice. Published by the Russian Armed Forces, "Generalization of the practice of examination by courts of the Russian Federation Minister of disputes between citizens and organizations raise funds for civil construction of apartment houses" of 19.09.2002, designed to protect individuals as the most vulnerable group of investors, first introduced in the official legal term turnover " agreement on investment. " Signs of the contract were not stated, but the Armed Forces has taken a major step - has recognized the existence of an agreement on investment activity as a separate transaction that is not under the Civil Code (Art. Is the agreement on equity participation in the construction of a variety of investment contract or an independent design? If the funds are invested in not building products and equipment, inventory or securities - it's the same investment contract, or no longer there? And change is the nature of this contract involving the citizens in it? Another problem - the definition of the initial and final moments of the investment process. Developers are starting to sell apartments in the approval stage of urban development programs and permit (no construction, no!) For the development of project documentation. And document preparation and construction permits can take years. Often, signing agreements on the construction of apartments and receiving money from the citizens, the developer concedes developed documentation and the rights of another organization that will deal with the next step, forgetting to issue the land. Meanwhile, the real estate firm providing customer service for managing its cash, investments in equity construction of a house, keeping track of all data points, and timely claim or to take on the issue of registration of land. As a consequence - exorbitant cost per square meter and a stack of lawsuits against the hapless investors who find that their living space claimed by others, not less than bona fide purchaser.

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