Methods to achieve the fair value of rights to lease agricultural purpose lands

Issue № 7, 2021, article № 7, pages 52-56

Section: Land use and land relations

Language: Russian

Original language title: МЕТОДЫ ДОСТИЖЕНИЯ СПРАВЕДЛИВОЙ СТОИМОСТИ ПРАВ АРЕНДЫ ЗЕМЕЛЬНЫХ УЧАСТКОВ СЕЛЬСКОХОЗЯЙСТВЕННОГО НАЗНАЧЕНИЯ

Keywords: TENANT, LESSER, LAND TAX, LAND RELATIONS, COST OF LEASE RIGHTS, CAPITALIZATION RATIO, CAPITALIZATION PERIOD, CADASTRAL VALUE, AGRICULTURAL LAND

Abstract: The article considers the method for determining the fair value of the rights to lease land plots in state and municipal ownership in certain regions of the Non-Black Earth Economic Zone of Russia, and recommendations for changing legislative norms in terms of organizing state tenders for agricultural land plots. This method is based on the results of state tenders on the cost of selling and leasing agricultural land plots in the period from 2015 to the beginning of 2020, as well as calculated information on the level of land tax. It was found that the ratio of the cost of lease rights to the cost of selling land plots in the studied regions is from 2 to 50%. This indicates the absence of a stable relationship between the indicated indicators. Such lease conditions are absolutely unprofitable in one case for the tenant, in the other - for the tenant. The optimal value of the ratio under consideration, which satisfies both parties to land relations at the present time, is revealed, on the basis of which it is proposed to adopt economic regulators and introduce their values into the country's land legislation. It is shown that the land tax does not play a significant role today in the economic regulation of land relations. The low level of land tax gives rise to land renters who buy agricultural land for rent, reimbursing local authorities for only a tiny part of the rent collected from tenants.

Authors: Polunin Gennadii Andreevich, Alakoz Valerii Vladimirovich