The rent for state-owned lands in the regions will be calculated based on its cadastral value. Rosreestr came up with this initiative.
“Amendments to the Land Code will establish a new procedure for determining the amount of rent for land plots owned or disposed of by regions and local governments. It is proposed to set the price only on the basis of the cadastral value of the land,” RBC reports, citing the text of the Rosreestr amendments.
This procedure for determining the cost of renting land is already in effect for plots that are in federal ownership. Now they plan to make this approach the only possible one. Exceptions will be cases when the lease agreement is concluded following an auction.
The new provisions are expected to come into effect on January 1, 2026. Rosreestr believes that this method of calculating rent will allow participants in land relations to plan in advance income and expenses from the use of land. The regions supported this initiative.