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    Provided that it is built-in and made in Russia

    The Ministry of Construction of Russia proposes to allow Russians to include pieces of furniture in the mortgage loan amount, as well as finishing elements for an apartment under construction. A public discussion of the bill developed by the ministry has begun on the portal of draft regulatory legal acts.

    Provided that it is built-in and made in Russia

    We are talking about built-in furniture, as well as finishing elements, engineering support systems, and structural elements of apartments, which with the adoption of the law can be officially included in shared construction contracts. This, the developers of the document emphasize, will reduce their cost for the end consumer.

    Since there is no definition of built-in furniture in domestic legislation yet, it is given in the new bill: “pieces of furniture intended for installation in residential premises ‎not subject to movement, including by fastening to internal walls, floors and ceilings.” The countries of origin of such interior elements can only be the Russian Federation or other member states of the Eurasian Economic Union.

    In addition, the bill defines the requirements for the warranty period for furniture, as well as the rights of a participant in shared construction in case of detection of defects such furniture. The warranty cannot be less than the period established by the manufacturer, and if such a period is not established — less than two years.

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