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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