Article 7. Methods of organizing equity participation in housing construction The Law on Equity Participation in Housing Construction

Home / RLA / Article 7. Methods of organizing equity participation in housing construction The Law on Equity Participation in Housing Construction

 1. Equity participation in housing construction is organized in one of the following ways:

1) obtaining a Single Operator's guarantee;

2) participation in the second-tier bank project;

3) attracting money from shareholders after the construction of the frame of an apartment building.

1-1. It is allowed to change the ways of organizing equity participation in housing construction in accordance with the procedure determined by the authorized body.

Note from <url>! Paragraph 2 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).

2. It is prohibited to attract money from individuals, legal entities and (or) persons operating in accordance with a joint venture agreement (simple partnership, consortium) for the construction of multi-apartment residential buildings in other ways not provided for in this article.

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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