Legal security of investors in the process of financing housing construction in Ukraine and some European countries

• Bortsevych, Pavlo ^[1] ; Beschastnyi, Viktor ^[3] ; Panimash, Yuliia ^[2] ; Kobko, Vasyl ^[4] ; Maslov, Oleksii ^[5]
  1. [1] National Academy of Internal Affairs

     National Academy of Internal Affairs

     Ucrania

     
  2. [2] National University of Civil Defense of Ukraine

     National University of Civil Defense of Ukraine

     Ucrania

     
  3. [3] Constitutional Court of Ukraine (Kyiv, Ukraine).
  4. [4] Institute of Public Administration and Research in Civil Protection of the State Emergency Service of Ukraine.
  5. [5] Scientific Institute of Public Law (Kyiv, Ukraine).

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• Localización: Revista Amazonia Investiga, ISSN-e 2322-6307, Vol. 11, Nº. 58, 2022, págs. 39-46
• Idioma: inglés
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• Resumen

  • The purpose of the article is to find mechanisms that would guarantee the protection of investors’ rights in the process of housing construction. Methodology. In the process of conducting the research, the following methods were used: theoretical generalization, grouping method, methods of dynamic, statistical and comparative analysis, comparative method, method of structural and logical analysis, calculation and analytical method. Research results. The works of scientists who studied the problem of risks associated with investing in construction were analyzed. A comparative study of investor security in France and Germany was conducted. The legislation of Ukraine on this issue was examined. Practical implementation. It was determined that in order to prevent the misuse of funds in housing construction in foreign countries, there is a mechanism for attracting funds by opening escrow accounts and transferring funds from them to the developer. Value/originality. It was proven that the use of escrow accounts in house-building can become an effective mechanism for protecting the rights of investors in Ukraine.