Sentences with phrase «russian real estate community»

The new initiatives were generally positively received by the Russian real estate community, but some agents have expressed concerns that excessive co-operation with the government may force real estate companies and brokers to send information about their clients and deals to the tax office and the police.

For example, despite all the calls of brokers, the guild merely looked on and did nothing against the adoption of the Notaries Act, which is currently considered by the Russian government and may create serious problems for the Russian real estate community, as it will introduce mandatory notarization of real estate transactions between individuals.»

The initiatives were positively received by the Russian real estate community, but some agents have expressed concerns that co-operation with the government may force them to send information about their clients to the tax office and the police.