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Survey of land and real estate transactions in the Russian Federation : regional report - Saint Petersburg City (Vol. 2) : Annex 1 (English)

The survey was conducted in the period February the 1st to October the 17th 2004, in 15 regions of Russia: Irkutsk, Nizhniy Novgorod, Novosibirsk, Rostov, Perm, Sakhalin, Kaliningrad, Leningrad, Moscow, Sverdlovsk, Tomsk and Novgorod Oblasts, Khabarovsk Krai and the cities of Saint Petersburg and Moscow. According to the opinion of the surveyed BIS companies (legal entities and sole proprietors providing intermediary services for locating procedures), the main factors promoting reduction of both time and money costs for all analyzed procedures are whether the Municipal (state) owner of the property is interested in a quick transaction and if there is a special personal relations with officers of administrative bodies. It is difficult to point out a procedure which is the most time-consuming for ARCS companies (legal entities and sole proprietors that attempted, underwent or completed locating procedures in 2004), because of insufficient number of procedures completed by ARCS respondents, whereas the surveyed BIS companies reported that their time and financial expenditures concerning completion of most procedures increased in 2004 in comparison with 2003.

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Survey of land and real estate transactions in the Russian Federation : regional report - Saint Petersburg City (Vol. 2) : Annex 1 (English). Washington, D.C. : World Bank Group. http://documents.worldbank.org/curated/en/829981468093275957/Annex-1