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Putin Signs Law to Streamline Capital-Repair Fund Changes

The measure establishes a clear effective date for homeowners’ decisions with digital proof of delivery required.

Overview

  • Russia published the signed law that formalizes how apartment owners switch the method of forming their building’s capital-repair fund.
  • A homeowners’ meeting decision to change the fund formation method now takes effect on the day the regional operator receives the decision.
  • Banks and special-account holders must, upon request, disclose total contributions, current balances, and a full record of transactions on the special account.
  • Decisions must be sent in a way that confirms receipt, including through GIS ZhKH or regional equivalents with automated placement in the system.
  • Separately, New People party deputies proposed allowing capital repairs on residents’ request rather than by regional schedules, with potential funding from regional funds and voting via Gosuslugi or GIS ZhKH.