Instructions No. of 1996 of the Federal Committee on Land Resources (ROSKOMZEM) regarding the modalities of the registration of the contracts of granting of the share of land on lease.

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ruso

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LEX-FAOC024497

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These Instructions establish the modalities of the registration of the contracts of granting of the share of land on lease. The contract of lease can be concluded by the owner of the share of land (Landlord), and an agricultural enterprise or a farmer (Lease-holder). Either a single landlord or a group of landlords can grant on lease shares of land. In the latter case the contract of lease is concluded with multitude of physical persons on the part of landlords. The contract of lease is concluded for the period not less than 3 years and is subject to prolongation for a new term by mutual agreement of the parties. The contracting parties must inform each other in the written of their intentions either to prolong or to renounce the prolongation of the contract not less than 3 months before expiration of the contract currently in force.

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