Article 11. Agreement on shared participation in housing construction The Law on Equity Participation in Housing Construction

Home / RLA / Article 11. Agreement on shared participation in housing construction The Law on Equity Participation in Housing Construction

Note from <url>! Paragraph 1 is amended by the Law of the Republic of Kazakhstan dated 30.06.2025 No. 204-VIII (effective sixty calendar days after the date of its first official publication).

1. An agreement on shared participation in housing construction is concluded in writing or by means of an electronic digital signature certificate and is considered concluded from the moment it is registered with the local executive body at the location of an apartment building or a complex of individual residential buildings in accordance with the procedure provided for in Article 12 of this Law.

2. The parties to the agreement on shared participation in housing construction must inform each other about changes in the actual address and (or) other personal data in writing within thirty calendar days.

Note from <url>! Article 11 is provided to be supplemented by paragraph 3 in accordance with the Law of the Republic of Kazakhstan dated 30.06.2025 No. 204-VIII (effective six months after the date of its first official publication).

3. The agreement on equity participation in housing construction shall specify the number and date of issuance of a permit to attract money from shareholders or the number and date of the concluded guarantee agreement.

The Law of the Republic of Kazakhstan dated April 7, 2016 No. 486-V SAM.

This Law regulates public relations related to the activities of equity participation in the housing construction of multi-family residential buildings by attracting money from individuals and (or) legal entities, and also establishes guarantees for the protection of the rights and legitimate interests of the parties to the agreement on equity participation in housing construction.

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