Efficiency of distributing results of collaborative efforts in construction
Journal Title: Visnyk Ternopilskoho natsionalnoho ekonomichnoho universytetu - Year 2017, Vol 2, Issue
Abstract
The article clarifies that results of collaborative efforts in construction, which are received without establishing a legal entity, are presented by constructed buildings that belong to owners as a jointly-owned property. It is revealed that a completed real estate object is put into operation by the operator of collaborative activities. It is pointed out that results of collaborative efforts are distributed according to percentage rates of co-owners and in accordance with the purpose of the joint project. The procedure of completing documents on jointly constructed building which is based on the aims of the collaborative activities is analyzed. It is determined that the aim of joint construction is to obtain a part of ownership in a constructed building by every co-owner (the aim is achieved at the time of signing the act of distributing housing space) or to get profits from jointly constructed buildings. The goal of collaborative activities includes constructing a building, its sale and distributing profits from collaborative activities (the aim is achieved at the time of distributing profits among participants of collaborative activities). It is found that a collaborative activity is discontinued upon achieving the aim. It is proposed to establish a standard act of distributing housing space of a jointly constructed building in accordance with an agreement on collaborative activities without setting up a legal entity.
Authors and Affiliations
Mariia Shesterniak
Keywords
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