The investor assumes it will buy the land under the building
Money is in, the building is put up or purchased — and underneath it there is only a lease. The security and asset-protection structure falls apart, and the lease term becomes the project's main risk.
Typical mistake: The deal is structured by the logic of the investor's home jurisdiction. Foreign persons receive land only under a lease, and that has to be built into the model before entry, not after.
The plot is won at auction but nothing can be built on it
The deposit is paid and the contract signed, yet the project does not clear: the master plan, red lines, protection and sanitary-protection zones or the land category do not allow the intended building on that site.
Typical mistake: The auction is treated as due diligence. An electronic auction is a way of allocating a plot, not confirmation that the intended building is permissible on it.
Built without the full set of permit procedures
The building cannot be commissioned, which means title cannot be registered, and it cannot be sold or pledged. The asset exists physically and does not exist legally.
Typical mistake: A link in the chain is skipped or backdated: the architectural and planning assignment, approval of the design and cost documentation, the expert review of urban planning documentation, acceptance. All administrative regulations in construction are approved by a single resolution.
The property is taken «for state needs»
The holder is told the purpose and offered compensation at residual value, and agrees without checking the grounds.
Typical mistake: The stated purpose is not checked against the law. The law on the procedure for taking land plots for public needs contains a closed list of such needs and does not allow a taking for any other purpose.
The property falls into an urban renovation zone
The owner of commercial premises is the last to learn that the block has been included in the programme and signs an agreement on terms discussed without them.
Typical mistake: The law on urban renovation was signed on 10 June 2026 and enters into force on 12 December 2026. Owners have not yet studied how participation and approval work, while the clock is already running.
The lease agreement is not put on record with the tax authority
Tax is assessed on the basis of the established minimum rate, that is, on an amount the parties never paid.
Typical mistake: The contract is signed «as agreed» and the transaction is not put on record in time. The procedure for recording lease, sublease and gratuitous use transactions in real estate is approved by a separate resolution, and the minimum rates for tax purposes are set annually.
Paid for the property and considers itself the owner
Between payment and registration the seller has time to encumber the property or sell it a second time.
Typical mistake: People assume the transfer act and the keys settle the matter. Title to real estate arises upon state registration under Law ZRU-803, in force since 1 March 2023.
A PPP sponsor expects to receive the site into ownership
The project's financial model is built on an asset the private partner does not own.
Typical mistake: Land is provided to the private partner within a public-private partnership agreement, and the regime of such a plot differs from an ordinary acquisition.