Ministerial Decree No. 890 regarding land valuation. Country/Territory Kazakhstan Document type Regulation Date 2003 Source FAO, FAOLEX Subject Land & soil Keyword Land reform Land tenure Land valuation Ownership Lease Public land Geographical area Aral Sea, Asia, Caspian Sea, Central Asia, CIS (Commonwealth of Independent States), Europe and Central Asia, Landlocked Developing Nations, North Asia Abstract This Ministerial Decree establishes basic prices for the plots of land for the concession thereof into private ownership (Annexes 1 and 2) and basic land charges for the plots of public land conceded on lease that must be equal to land tax. Annual rent rate shall be calculated as 100-120% of the basic land lease rate. Charges for the sale of the right of lease shall be set as percentage of cadastre land valuation for the period of: (a) up to ten years - 2% yearly; (b) from 11 to 30 years - 20% plus 1,5% for each year exceeding ten-year period; (c) from 31 to 49 years - 35% plus 1% for each year exceeding thirty-year period. Full text Russian Website zher.kz References - Legislation Amended by Ministerial Decree No. 512 amending Ministerial Decree No. 890 regarding land valuation. Legislation | Kazakhstan | 2008 Keyword: Land reform, Land tenure, Land valuation Source: FAO, FAOLEX