Real estate agents in Vladivostok require draft notices from clients, may expand practice nationwide
Real estate agents in Vladivostok have begun requiring clients aged 18 to 65 to provide draft notices from the registry. The practice may soon be implemented across the country, as the company cites risks related to potential registration delays of property transfers due to ignored draft notices.
Location: Vladivostok
Claims & verification status
Real estate agents in Vladivostok have begun requiring clients aged 18 to 65 to provide draft notices from the registry.
There has been at least one case where a transaction was blocked due to a client not responding to a draft notice.
+3 more claims on the 7-day Pro trial.
Impact analysis
Who claims what
- —Real estate agents in Vladivostok have begun requiring clients aged 18 to 65 to provide draft notices from the registry. (per Коммерсантъ)
- —The practice of requiring draft notices may be implemented nationwide by the real estate company. (per Коммерсантъ)
Our assessment
If the reported practice expands nationwide, it could introduce additional compliance and due diligence requirements for businesses involved in real estate transactions in Russia,…