Land Allotment Pricing Protocol Devised in Sverdlovsk Region

March 28, 2013. Sverdlovsk Region Public Property Management Ministry made some changes in the protocol for determining the price and the method of payment for the state-owned land allotments and for the allotments with non-delineated state ownership when these are sold to the proprietors of buildings and structures that are housed on these allotments, says Sverdlovsk Region Government’s Press Service & Information Department.

At the moment, the selling price of the land allotments that are owned by Sverdlovsk Region on behalf of the state or allotments with non-delineated state ownership is determined on the basis of the Government’s Decree 1532-PP dated December 25, 2012; this decree came into effect on December 29, 2012.

The legislative changes introduced by Sverdlovsk Region Public Property Management Ministry are aimed at regulating the legal relations to do with determining the price of land allotments in the purchase and sale agreements that went through between July 1, 2012 and December 29, 2012, when the price was determined on the basis of an allotment’s cadastral value.


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