Preferential term for the acquisition of land in Moscow at the reduced rates is extended until July 1, 2012

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On November 22, 2011, the Russian Federation State Duma adopted Federal Law ? 321954-4 concerning amendments to Articles 2 and 3 of the Federal Law, “On introduction of the Land Code of the Russian Federation and certain legislative acts of the Russian Federation" (hereinafter - the “Law”).

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