The size of a payment for increase the area of land plots as a result of their redistribution is determined

1 April 2015, Wednesday

       The Cabinet of the Republic of Tatarstan accepted the resolution of 19th of March, 2015 No. 168 "About approval of the Order of determination of the size of a payment for increase the area of land plots  which are in private property as a result of their redistribution with the land plots which are in property of the Republic of Tatarstan or land plots on which the state-owned property isn't differentiated" (further – the Resolution).

       The size of a payment for increase the area of land plots is determined by the Resolution as 15% of cadastral cost of land plots which is in property of the Republic of Tatarstan or on which the state-owned property isn't differentiated. This cadastral cost is calculated in proportion to  the area of the part of such land plot which is subject to transfer to private property as a result of its redistribution with the land plots which are in private property.

       If seizure of land, being in private property for needs of the Republic of Tatarstan or municipal needs is supposed further, the size of a payment is determined in accordаnce with established market price according to the legislation on estimative activities of market price of part of land plot which is in property of the Republic of Tatarstan or on which the state-owned property isn't differentiated and which must be  transferred  to private property as a result of redistribution of the land plots.

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