Kazakhstan Housing Company JSC (KHC) has launched a Personal account of Shared Construction Participant of the information system “Housing Portal” (https://www.homeportal.kz /).

The personal account of Shared Construction Participant allows citizens to check the fact of registration of their equity participation agreement (EPA) in the unified information system “Kazregistry”.

Each potential Shared Construction Participant should be aware that in accordance with the Law of the Republic of Kazakhstan “On Equity Participation in Housing construction”, developers can raise their funds at the construction stage only after obtaining the permission of the Akimat or the guarantee from KHC. At the same time, EPA must be concluded with the buyer in accordance with the approved standard form, with its subsequent registration with the Kazregistry. Upon successful registration of the EPA which is a confirmation that the transaction with the Shared Construction Participant was concluded within the framework of the legislation of our country.

It is important to know about this before signing any documents with the developer, since some companies attract the funds of Shared Construction Participant in such illegal ways as the conclusion of reservation agreements, pre-sale agreements, investment agreements, and so on. If such contracts have been concluded with Shared Construction Participant, then there is no guarantee of receiving housing.

The personal account of Shared Construction Participant provides online up-to-date information on EPA, and also here the Shared Construction Participant can view data on residential complex, the developer, the authorized company.

At the same time, in order to make it convenient for Shared Construction Participant, the Personal Account has a function of downloading electronic versions of EPA, additional agreements, if any, as well as EPA account statements.

Instructions for working with the Personal account of Shared Construction Participant: Instruction