Соглашение о замене стороны по договору участия в долевом строительстве

English translation: Novation Agreement in Respect of the Shared Construction Contract

GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)
Russian term or phrase:Соглашение о замене стороны по договору участия в долевом строительстве
English translation:Novation Agreement in Respect of the Shared Construction Contract
Entered by: Maria Akkaya

18:50 Nov 10, 2010
Russian to English translations [PRO]
Bus/Financial - Law: Contract(s) / construction
Russian term or phrase: Соглашение о замене стороны по договору участия в долевом строительстве
Это название соответствующего соглашения. Более-менее понятно, что novation agreement и про долевое строительство. Как соединить все в одно название одного документа. "Договор участия" приходится, видимо, делать контрактом. Все равно крокодилоидная конструкция и никак не клеится.
Maria Akkaya
Local time: 17:30
Novation Agreement in Respect of the Shared Construction Contract
Explanation:
Где-то так.

http://contracts.onecle.com/type/196.shtml
http://contracts.onecle.com/melco/hard-rock-novation-2008-08...

NOVATION AGREEMENT
in respect of Hotel Trademark
License Agreement



Wells International RE II is party to a shared construction agreement with an unrelated third party for the development of a nine-story office tower in Moscow, Russia http://www.google.com/url?sa=t&source=web&cd=11&ved=0CBgQFjA...

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Note added at 1 hr (2010-11-10 20:05:31 GMT)
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07.06.2010
Kommersant
p. 12
Draft law on protecting the rights of participants in shared construction projects
The RF State Duma has reportedly accepted the third reading of a draft law aimed at protecting the rights of participants in shared construction projects (see our report of 05/13/2010). According to the draft, developers may only sell dwellings in new buildings under shared construction contracts. In the event of violating these rules, legal entities will have to pay fines of RUB 500,000-1 million. Apart from the above, the law states that developers working on a shared construction contract will be exempt from paying VAT. http://www.deloitte.com/assets/Dcom-Russia/Local Assets/Docu...

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Note added at 5 days (2010-11-16 02:18:56 GMT) Post-grading
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Thank you!
Selected response from:

Angela Greenfield
United States
Local time: 10:30
Grading comment
Спасибо!
4 KudoZ points were awarded for this answer



Summary of answers provided
3 +2Novation Agreement in Respect of the Shared Construction Contract
Angela Greenfield
3Assignment of agreement to participate in construction
Paul Merriam


Discussion entries: 1





  

Answers


48 mins   confidence: Answerer confidence 3/5Answerer confidence 3/5
Assignment of agreement to participate in construction


Explanation:
Apparently Company A agreed to perform part of a construction project and, for whatever reason, they would now prefer not to. Hence, Company B is taking on the obligations under that contract and the piece of paper you have explains the nuts and bolts of how that happens.

Paul Merriam
Local time: 10:30
Native speaker of: English
PRO pts in category: 12
Login to enter a peer comment (or grade)

1 hr   confidence: Answerer confidence 3/5Answerer confidence 3/5 peer agreement (net): +2
Novation Agreement in Respect of the Shared Construction Contract


Explanation:
Где-то так.

http://contracts.onecle.com/type/196.shtml
http://contracts.onecle.com/melco/hard-rock-novation-2008-08...

NOVATION AGREEMENT
in respect of Hotel Trademark
License Agreement



Wells International RE II is party to a shared construction agreement with an unrelated third party for the development of a nine-story office tower in Moscow, Russia http://www.google.com/url?sa=t&source=web&cd=11&ved=0CBgQFjA...

--------------------------------------------------
Note added at 1 hr (2010-11-10 20:05:31 GMT)
--------------------------------------------------

07.06.2010
Kommersant
p. 12
Draft law on protecting the rights of participants in shared construction projects
The RF State Duma has reportedly accepted the third reading of a draft law aimed at protecting the rights of participants in shared construction projects (see our report of 05/13/2010). According to the draft, developers may only sell dwellings in new buildings under shared construction contracts. In the event of violating these rules, legal entities will have to pay fines of RUB 500,000-1 million. Apart from the above, the law states that developers working on a shared construction contract will be exempt from paying VAT. http://www.deloitte.com/assets/Dcom-Russia/Local Assets/Docu...

--------------------------------------------------
Note added at 5 days (2010-11-16 02:18:56 GMT) Post-grading
--------------------------------------------------

Thank you!

Angela Greenfield
United States
Local time: 10:30
Specializes in field
Native speaker of: Native in RussianRussian, Native in UkrainianUkrainian
PRO pts in category: 231
Grading comment
Спасибо!

Peer comments on this answer (and responses from the answerer)
agree  Nadezhda Kirichenko
16 hrs
  -> Thank you, Nadya.

agree  Igor Blinov
2 days 21 hrs
  -> Thanks, Igor!
Login to enter a peer comment (or grade)



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