• A
  • A
  • A
  • ABC
  • ABC
  • ABC
  • А
  • А
  • А
  • А
  • А
Regular version of the site

Problems of Implementing Escrow Accounts in Real Estate Transactions

Student: Aleksandra Zakharova

Supervisor: Elena G. Rakova

Faculty: School of Law

Educational Programme: Jurisprudence (Bachelor)

Final Grade: 8

Year of Graduation: 2020

In the final qualifying work on the topic «Problems of Implementing Escrow Accounts in Real Estate Transactions», the following goal was set: to study the difficulties that were identified when using escrow accounts in real estate transactions by in-depth analysis of this institute, as well as to offer solutions to these problems. The study was based on the current civil legislation of the Russian Federation and the doctrine. The relevance of the work is significantly high because of the last reform of shared-equity construction: the lawmaker introduced the mandatory use of escrow accounts in transactions between developers and shareholders from July 1, 2019. In such situation, it is necessary to understand both the advantages and disadvantages of the new model proposed by the legislator; to predict possible negative consequences. In the course of the work, the following tasks were performed: the regulation of the escrow account in civil law and the existing doctrine were scrutinized; the cases of using escrow in real estate transactions were analyzed; the reasons why escrow accounts were chosen to use in shared-equity construction were found; problems that the escrow account may face or has already faced in real estate transactions were revealed, and for each of them, a solution was proposed in the conclusion. The final part of the work presents the author’s own recommendations for improving the practice of using escrow accounts in real estate transactions.

Full text (added April 30, 2020)

Student Theses at HSE must be completed in accordance with the University Rules and regulations specified by each educational programme.

Summaries of all theses must be published and made freely available on the HSE website.

The full text of a thesis can be published in open access on the HSE website only if the authoring student (copyright holder) agrees, or, if the thesis was written by a team of students, if all the co-authors (copyright holders) agree. After a thesis is published on the HSE website, it obtains the status of an online publication.

Student theses are objects of copyright and their use is subject to limitations in accordance with the Russian Federation’s law on intellectual property.

In the event that a thesis is quoted or otherwise used, reference to the author’s name and the source of quotation is required.

Search all student theses