Review article

The article presents the study of typification processes in the investment and construction cycle of the Russian Federation which are regarded through the aspects of real estate object liquidity and the theory of transaction costs. It has been proved that in order to reduce the transaction costs for participants in the investment and construction cycle in the Russian Federation, it is necessary to standardize transactions` environment. Such type design procedure makes it possible to reduce the uncertainty of the transaction environment, which, in turn, is a determinant of the corresponding (transactional) costs. There are considered two directions of typification of transaction environment, namely, transactions in regional practices of regulatory institutions in construction and transactions in investment and construction processes.