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The aim of this paper is to give an overview and analyze the contemporary land tenure relations in Russia in view of their influences on economic viability of agricultural production. The paper investigates progress made toward the development of agricultural land market in economies in transition. The research is made with emphasis on Stavropol Krai, agricultural region in the southern part of Russia. The authors retrospectively address land tenure relations in the region, analyze contemporary tendencies, and discover linkages between land tenure relations and sustainable agricultural development. The later concept is understood here as economic viability of agricultural production. The paper focuses on the potential approaches for resolving specific problem issues in the sphere of sustainable agricultural development through effective land tenure relations. The paper is concluded with the substantiation of methodology of land rent payment, the size of which is made conditional on land productivity and effectiveness of agricultural production.
