Guarantee Obligations of a Real Estate Developer: Challenging Aspects

Abstract

The article describes the issues of the liability of real estate developers for undue quality of apartment block construction. The paper studies the issue of provisions to be applied in the event of imposition of the obligation to execute guarantee repairs on a real estate developer. Options of application of contractor provisions or sale and purchase provisions are reviewed. Judicial practice reflecting various approaches is referred to. Guarantee term calculation peculiarities are analyzed.