Regional Law No. 340 – OZ “On public land valuation”. Country/Territory Russian Federation Territorial subdivision Lipetsk Document type Legislation Date 2009 (2011) Source FAO, FAOLEX Subject Land & soil Keyword Public land Cadastre/land registration Land valuation Ownership Private land Property rights Geographical area Arctic, Asia and the Pacific, Black Sea, Caspian Sea, CIS (Commonwealth of Independent States), Eastern Europe, Europe, Europe and Central Asia, North Pacific, North-West Pacific Entry into force notes This Regional Law enters into force on 1 January 2010. Abstract This Regional Law establishes the modalities of valuation of the price of public land plots or plots of land with undelimited ownership for the purpose of sale thereof to the owners of edifices and constructions located thereon. The price of the aforesaid plots of land shall be established at 7, 5 percent of cadastre value of the aforesaid land plots. Full text Russian Website docs.cntd.ru