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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Published In: Commercial Real Estate Updates

DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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