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This Ministerial Decree establishes the modalities for organizing and holding auctions for public or municipal land or for the right to conclude contracts of tenancy and lease thereof. Auctions shall be open with respect to participants and may be carried out in the form of tender, while auctions may be closed with respect to the submission and amount of offers. Auctions shall be held as necessary to establish contractual obligations related to land management. The Ministry of Property Relations shall take decisions on auctions, determine the initial price for land and the terms and conditions of its sale, and create lease contracts upon the auction’s conclusion.
Implements: Land Code (No. 136-FZ of 2001). (2001-10-25)
Amended by: Ministerial Decree No. 776 amending Ministerial Decree No. 808 on auctions for public or municipal land or for the right to conclude contracts of tenancy and lease thereof. (2011-09-15)