Author(s)

I. Rukavishnikova

Abstract

The creation of a reliable system of land registration and valuation is a necessary condition for the further development of the real estate market in Russia. The purpose of this study is to analyse the currently existing problems in state cadastral registration and land valuation in the Russian Federation, both at the Federal and regional levels. In the present paper, information on the results of the cadastral valuation of land parcels in the Sverdlovsk region is presented. Based on an analysis of the data, it is possible to distinguish the following problems in this area: the imperfection of the methods of valuation and regulatory framework, the lack of accurate land boundaries: secrecy and opacity in the system of assigning information. The main stages of professional cadastral registration in the Russian Federation are reviewed. The approaches taken to determine the cadastral value of land according to Russian practices are discussed. It is shown that the cadastral value established can vary by several times according to the different valuation techniques employed. The possibility of challenging the results of an erroneous determination of cadastral value is demonstrated based on an analysis of legal precedents established in the Urals region. A conclusion is reached about the need to improve the methodological and legislative frameworks of cadastral valuation of land parcels as real estate. A number of possible paths forward are proposed and specific activities that should contribute to an improvement of the quality of land relations are outlined. It is proposed that regional experiences of cadastral assessment of lands can be used to support reform at the Federal level.

Keywords

cadastral recording, valuation of land parcels, cadastral value, assessment methods, State Real Estate Cadastre, land relations