How To Calculate Land Rent

Table of contents:

How To Calculate Land Rent
How To Calculate Land Rent

Video: How To Calculate Land Rent

Video: How To Calculate Land Rent
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The rent is set through a contract, which is achieved by mutual agreement of the parties. Payment for land is levied in case of lease of land, both in cash and in kind, separately for a plot of land or for all leased property (material and natural resources). The executive authorities of the Russian Federation or its constituent entities, local authorities and citizens of the country are tenants and lessors.

How to calculate land rent
How to calculate land rent

It is necessary

Calculation of the amount of rent

Instructions

Step 1

In order to calculate the rent, a normative monetary value of the land is required. You can find out about it in the certificate for obtaining a land share. To determine the normative monetary value of a land plot, it must be indexed, that is, take into account the inflation rate.

Step 2

After the rent is calculated, the final figure must be entered into the contract. The agreement between the owner and the tenant depends on this.

Step 3

The calculation of rent for state land or municipal property is done in a slightly different way. It is also necessary to know the normative value of the land. For state and municipal institutions for state land, rental rates are set in the amount of land tax.

Step 4

The federal agency that manages state property will determine the rent in one of the following ways:

- results of trades (competitions, auctions);

- based on the cadastral value of land plots.

- depending on the rates of land rent or methodological guidelines for its calculation, which are approved by the Ministry of Economic Development of the Russian Federation;

- based on the market value of land plots, which is determined by the legislation on appraisal activities.

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