The purpose of the Decree is urban land valuation for the establishment of cadastre value. The object of valuation shall be plots of urban land registered in state land cadastre. Land valuation shall be carried out periodically as of 1 January of the current year. Land valuation shall be carried out in accordance with the following modalities: (a) definition of basic land value; (b) zoning; (c) indexing of land zones; (c) definition of average land value per 1 square metre; (d) legalization of the documentation; and (e) validation of land valuation documentation by local self-government.
Authors and Publishers
After seven decades as a constituent republic of the USSR, Belarus attained its independence in 1991. It has retained closer political and economic ties to Russia than have any of the other former Soviet republics. Belarus and Russia signed a treaty on a two-state union on 8 December 1999 envisioning greater political and economic integration. Although Belarus agreed to a framework to carry out the accord, serious implementation has yet to take place.