Regional Law No. 75/2004-OZ “On turnover of agricultural land”. Country/Territory Russian Federation Territorial subdivision Moscow Document type Legislation Date 2004 (2015) Source FAO, FAOLEX Subject Agricultural & rural development, Land & soil Keyword Agricultural land Public land Private land Property rights Local government Common property Ownership 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 ten days after the date of its official publication. Abstract This Law regulates relations concerning ownership, land tenure, and disposal of agricultural land, and also land shares in common property, establishing plenary powers of regional administration and local government in the sphere of turnover of agricultural land. It lays down terms and conditions for allotment of plots of agricultural land pertaining to state and municipal property. Agricultural land shall be used exclusively for agricultural production. Privatization of agricultural land shall start from the date of entry into force of this legislative act. Regional administration shall have preferential terms for purchase of agricultural land in case of sale thereof, except for public sale through auction or tender. Agricultural organizations and peasant farms having agricultural land plots on condition of permanent (open-ended) or hereditary tenancy shall be granted the right of purchase in ownership thereof at the price of three percent of cadastre value of the aforesaid agricultural land plots. Full text Russian Website docs.cntd.ru