Page 22 - Life is Good Style 2018_английская версия

22 LIFE IS GOOD | In details

A NEW VERSION
WHY THOUSANDS OF Today the issue of involvement of shareholders was

PEOPLE HAVE ALREADY decided absolutely unexpectedly and masterly well! The
idea to combine the cooperation with marketing of the
CHOSEN THE BEST WAY network business belongs to Roman Vasilenko, a doctor
HOUSING COOPERATIVE? of economics, philanthropist and a person who made an
undeniable contribution to the development of society and
the socio-economic environment of Saint-Petersburg. R. V.
HOUSING PURCHASE CONDITIONS IN Vasilenko professionally engaged in financial consulting
THE HOUSING COOPERATIVE: for many years, studied advanced marketing techniques
and business solutions. He found a way to make housing
YOU NEED ONLY ONE DOCUMENT, A affordable due to the housing cooperation. This is a
CIVIL PASSPORT, TO JOIN THE HOUSING method that allows anyone to find their own square
COOPERATIVE AND SUBSEQUENTLY meters within a fairly short time and at a reasonable price.
No one in the world has previously used the network
PURCHASE AN APARTMENT.
marketing in the housing cooperation to involve
shareholders, when shareholders interested in purchasing
• DOWN PAYMENT – FROM 35%
apartments as fast as possible attract new shareholders
• TARGET PAYMENT FROM 0 TO 2%
for a fee. This is a unique idea, Russian know-how. At the
• USE OF THE MATERNITY CAPITAL TO REPAY same time, the noncommercial status of the cooperative
A SHARE OR THE DOWN PAYMENT and complete refusal from credit funds and investment
• GRACE PERIOD FOR PAYMENTS – UP TO 10 operations is a reliable guarantee against bankruptcy.
YEARS Hereon, Roman Vasilenko has created and develops the
• TERMS OF REGISTRATION OF OWNERSHIP Best Way Housing Cooperative which has already helped
OF THE APARTMENT – IMMEDIATELY UPON many people not only to purchase housing on the most
FULL PAYMENT OF THE SHARE beneficial terms, but also to secure themselves against
unforeseen reductions in their main job.
• TERMS OF PURCHASE AND SETTLE IN THE
APARTMENT – FROM 6 MONTHS TO 1 YEAR
FROM THE DATE OF JOINING THE QUEUE THE LEGISLATIVE
FRAMEWORK
OF THE COOPERATIVE
• WE BUY ONLY APARTMENTS ON THE
PRIMARY OR SECONDARY MARKET What else but housing cooperatives helped most
families to improve their living conditions decades ago, as
• • THERE IS THE ABILITY TO FORM 35% IN
well as helped to build entire cities. They were undeservedly
THE SHARE FUND OF THE COOPERATIVE,
forgotten referring to the problem of involvement of
AND THEN JOIN THE QUEUE
shareholders and imperfection of the legislation. But today
the situation has changed fundamentally.
1. The new Housing Cooperative of the Russian Federation
WHAT IS THE HOUSING dated December 29, 2004 (Section V), in contrast to
COOPERATIVE (THE HC)? the Housing Cooperative of the Russian Federation of
1983, following the Civil Code of the Russian Federation
(Article 218), regulates not only housing and construction
The housing cooperative is a voluntary association of cooperatives, but also housing cooperatives.
citizens and/or legal entities on a membership basis in order 2. Articles 122 and 123 added to the new Housing
to meet the needs of the HC members in residential and Cooperative protected shareholders from the
non-residential premises by combining own funds (shares) reorganization or sudden liquidation of the housing
of the HC members. cooperative.
In fact, housing cooperatives are mutual aid funds. In this 3. The operation of housing cooperatives is regulated by
case purchase of housing is carried out by installment, but not Articles 11 and 12 of the Housing Cooperative of the
on credit. A group of shareholders jointly purchases housing Russian Federation, as well as the general provisions of
for one shareholder. Then new shareholders join with a paragraph 1 of Section 4 of the Civil Code of the Russian
certain amount of the payment (share), and at the same time Federation on noncommercial organizations.
there are repayments from the shareholder to whom they 4. The rights and obligations of members of the Housing
have already purchased housing. Thus, the amount is saved Cooperative are protected by general legal regulations,
to purchase a new apartment for the second person in the namely: the provisions of the Federal Law “On
queue, then for the third and so on. The queue moves the investment activity in the Russian Federation, carried out
faster, the more new shareholders join the cooperative, and in the form of capital investments” dated February 25,
the greater the repayments from those to whom housing is 1999, the Law of the RSFSR “On investment activity in the
purchased. RSFSR” dated June 26, 1991 (it is applied to the extent

LIFE IS GOOD. STYLE | № 1 www.lifeisgood.company