Russia may create a special fund for victims of realtors

In Russia, they can create a special fund for victims of substandard realtor services, as well as establish liability standards for this. The proposal to study such a measure is indicated in the response of Anatoly Razinkin, First Deputy Prosecutor General's Office, to Svetlana Razvorotneva, deputy chairman of the Committee on Construction and Housing from the United Russia faction.

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"The issues to be regulated may include the organization of the work of realtors, mandatory requirements for them: higher education, no criminal record for economic crimes, etc. Since the Civil Code of the Russian Federation and the law on consumer rights protection establish only the framework nature of compensation for damage to the injured party, it is important to determine the limits of liability, including material, for poorly rendered intermediary services, as a result of which the participant in the transaction lost his home," Anatoly Razinkin said in his response.

In this regard, the Prosecutor General's Office considers it important to explore the possibility of forming a special compensation fund, through which victims of the actions of realtors have the right to claim damages.

Read more in the exclusive Izvestia article:

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