Echo Investment makes it possible to buy properties in accordance with the so-called new development act today.

The bill on protection of rights of apartment or detached house purchasers passed in September 2011 is to take effect on 29 April later this year, however, Echo Investment has decided to adjust its principles of apartment and house selling to the new requirements as of January.

In accordance with the development act, Echo Investments enables its clients to view an information prospectus containing basic data concerning the developer, the company"s financial status and developed projects. Now clients are provided with the following:

• the possibility to view developer"s financial reports and the original construction design,
• the possibility to correlate payment dates with the progress of a given project,
• security of their deposits made into a trust account,
• a development agreement, which replaces the current preliminary agreement,
• the development agreement concluded in the form of a notarial deed and half of the notarial fee covered by Echo Investment,
• new rules of withdrawal from the agreement, including the right of withdrawal in case of failure to provide or providing unreliable information in the information prospectus.  

Document templates prepared in accordance with the new act are available on the websites of each of our residential projects. Detailed information concerning the regulations can be obtained in each sales office of Echo Investment. You are cordially invited to find out more about the benefits provided by the new act.