Land share: purchase/sale, donation, inheritance and features of other transactions

When we ask anyone what a mutual fund is, usually professionals go into very specific definitions about a mutual fund being an unincorporated property complex, and so on. Let's try to explain this more simply, not in legal terms, but in simple and understandable language for investors.

So, a mutual fund is the money of many investors, collected together by a management company in order to form a single portfolio. At the same time, individual investors own a certain share in this portfolio, which is called a share. From the English word pie, “pie,” or in other words, a piece of pie.

Investment declaration

The next step for the management company launching the fund is to issue an investment declaration, that is, a document that stipulates the directions of investment, the procedure for selling and redeeming shares, and so on.

At this stage the issue of specialization is decided. For example, will it be an innovation fund or, conversely, a conservative government bond fund.

Unfortunately, in practice, management companies leave themselves maximum room for maneuver in the future, offering the widest scope for each instrument in the portfolio: bonds, shares from 0 to 90% of net asset value, etc.

As a result, the priority in choosing assets largely rests, as they say, on the manager’s word of honor. And investors can only believe that when buying a share of a bond fund, they are still investing in risk-free bonds, and not in shares of innovative companies.

Registration of land share

To fully recognize the owner of a land share as its owner, it is necessary to go through all stages of state registration of the allotment. If it originally belonged to the owner, then registration as a property will take place quite quickly. If it is purchased, then you will have to invest a lot of time.

To acquire the status of owner of a plot when purchasing it, it is necessary to conclude a transaction agreement, and then submit the following documentation to the registration chamber:

• copy of the passport;
• permission of the spouse to carry out the transaction, certified by a notary;
• authority to use the share;
• sample application;
• check for payment of state duty;
• copies of notifications to other shareholders about the planned sale of the site and confirmation of their sending.

This video will tell you how to register shared land:

After this, the Rosreestr employee is obliged to give a receipt with:

• list of documents received;
• the date and time of application for a document establishing the right to land.

How to draw up an act of approval of the boundaries of a land plot, read this article.

Next, you should allocate a land share in the area. It is required to submit an application to the management of the agricultural enterprise for the allocation of a plot, which requires indicating the required location and size, and a package of documents, including:

• applicant's passport (copy);
• site diagram (copy);
• share certificate (copy);
• a copy of the sent application marked as received;
• a copy of the refusal and a copy of the protocol of disagreements (if available).

The next stage is land surveying. Registration of property rights takes about 1-2 months. You will additionally need to pay for registration services.

Use and disposal

According to the law on agricultural land, the following are not entitled to receive an allotment:

• citizens of another country;
• enterprises where more than 50% are owned by foreigners.

If a person who does not have the right to own land receives it, his obligation is to sell or donate the land within a year. Otherwise, a forced ransom will be carried out in court. These actions can be performed only after registration of the site, including:

• preparation of technical/cadastral documents;
• issuance of a passport by the cadastral chamber;
• registration of property rights.

If all the necessary documentation is available, the shareholder can personally dispose of the allotment. If there are more than 5 shareholders, a special procedure for the use and disposal of land is prescribed. It is necessary to obtain powers certified by a notary from one participant to another.

Shareholders, by their decision attached to the protocol, grant the right to one of them to represent common interests in various issues. The extract from the protocol states:

• date of approval of the decision;
• passport information of the authorized person;
• a list of actions that the shareholder has the right to perform.

Acquisition of land share

The allotment can be obtained in several ways:

• buy;
• to receive as a gift;
• gain by inheritance.

How to register ownership of a land share? Photo: myshared.ru

All cases are fulfilled if the lease of the plot is in good faith. This is possible if the following conditions are met:

• passing cadastral registration;
• there is a protocol of the meeting of shareholders indicating the terms of the lease;
• the plot is rented for 3-49 years, for hayfields and pastures - for 3 years.

The lease agreement may provide for the possibility of further purchase of the land. The size of the rented plot is not limited; it can be anything.

Nuances of allocating a land share

In order for the owner to be able to freely dispose of the plot personally, he must allocate a land share based on the part of the common land allocated to him. This procedure is accompanied by some difficulties.

How to draw up a transfer deed for land and why it is needed, details here.

If a land share is owned by people who are not involved in agricultural activities, then according to the law, most of it should belong to those who are not farmers.

A significant problem is the municipality's pre-emptive right to purchase the site. Moreover, you can wait 90 days for a response from local authorities. If they did buy the land, then other shareholders will definitely have to discuss all the issues with management.

How to find out location

It often happens that the buyer does not know where exactly the plot is located. A cadastral engineer who is involved in the allocation and surveying of plots will help to deal with this issue. You just need to contact him with a request to determine the location of the share.

At the cadastral chamber, a specialist will receive the necessary information and provide a clear location of the required plot of land. Accuracy of 20 cm is allowed.

Ranking of management companies

At the beginning of 2021, the ranking of management companies is as follows. The assessment is based on the total net asset value of the funds they manage.

This is how companies are currently distributed according to one of the important criteria: investor confidence.

How to dispose of the site

The owner of a share can dispose of it in many ways:

• sell the plot;
• exchange for other real estate;
• to rent;
• donate a plot or transfer it to heirs;
• give for use;
• pledge a share;
• use as authorized capital.

In most cases, the share is leased or transferred for trust use in order to receive a profit from it.

How to find a land share, watch this video:

Pros and cons of a land share

The main advantage of the site is the possibility of generating income. This can be money received both as a result of transactions and the sale of crops at market prices. It is also possible to make a profit from the plot in the form of agricultural products.

Among the disadvantages are mandatory taxation, dishonesty of tenants, possible tricks of landlords, small harvest or its complete loss, which entails losses.

According to the law, the state can forcibly seize agricultural lands that are not used for their intended purpose, are not legally registered, or have a number of violations.

Agricultural purposes

How many acres are in a hectare of land? On it, the participants approved the international system of SI units of measurement. 7 basic, additional and derived units of measurement were adopted. The modern metric system is used in almost all countries on the planet. According to the SI system, the basic unit of length is the meter, and the basic unit of area is the square meter. Where are hectares and sotka used? The standard use of a hectare in Russia is to measure the area of ​​land.

One share is how many hectares

This is 3.8 times higher than in 2021 (7,305.02 hectares). A total of 1,135 lease rights to state-owned agricultural land were sold at the auction. The cost of annual land rental was 38,520,000 hryvnia. For comparison, in 2021, according to the results of the auction, the rent was 6,540,000 hryvnia.

And a completely typical situation is when in the same area the price of a share can be 30 thousand rubles, or maybe several million. If it is purchased for the purpose of agricultural use, then the factors determining the price will be:

Share price

The share price was established when they were allocated, but at present it has lost its relevance. In order to determine today how much your part is worth, you can use the following characteristics:

• The size of the share, which is established in hectares. From it you can determine the approximate area of ​​the territory.
• The cost of similar objects that belong to a given rural settlement - with the same category and intended purpose.
• What is the demand - how many offers have been received regarding the acquisition.
• Characteristics of the land within which the specified part is located: fertility, climate, infrastructure features, etc.
• The presence of burdensome factors – liens and arrests.

It is possible to determine the price not only of the share, which in essence is rather virtual, but also of the allotment itself. To do this, it is necessary to physically isolate it from the general field, i.e. carry out land surveying: determine the boundaries and area. After this, you can take as a basis:

• Cadastral value.
• Market price.
• Order an independent assessment.

To carry out the latter, you must have an Extract from the Unified State Register, a certificate of ownership and a technical passport for the site. Modern prices for agricultural shares vary from 50 to 300 thousand rubles. The right to set the final price remains with the direct owner.

What is a hectare

Visually mark the square or rectangle whose area you want to know. Walk along one side of it, then along the other - these sides should touch in the corner. Count the number of steps for each side and begin the calculations.

How to convert square meters and acres into hectares

1 hectare (hectare) contains 10,000 square meters of land and 100 acres. To convert one area measure to another, you need to perform simple calculations. To calculate how many hectares are in a certain number of acres, you need to multiply the number of acres by 0.01, because one are is 0.01 part of a hectare. To calculate how many hectares are in m², you need to multiply the number of square meters by 0.0001, because one square meter is 0.0001 part ha.

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Can the owner who is a citizen of Ukraine and has drawn up the documents and has a plot of land in his hands, divide the land in half and receive 1.5 hectares with a separate cadastral number and what is the sequence of actions (procedure)? - cannot only under a gift agreement. or by a written agreement between themselves executed by the second heir. established by Article 1267 of the Civil Code of Ukraine. Article 1267. The size of the share in the inheritance of the heirs by law 1. The shares in the inheritance of each of the heirs by law are equal. 2. The heirs, by oral agreement among themselves, if this concerns movable property, can change the size of the share in the inheritance of one of them. 3. Heirs by written agreement among themselves

, certified by a notary, if it concerns real estate or vehicles, can change the size of the share in the inheritance of any of them.

The land share remains part of the shared ownership in the general area of ​​land. The share is expressed as a percentage of the total number of plots in hectares or smaller units. The share can be contributed as the authorized capital of a legal entity - a production or consumer cooperative or a joint-stock company.

Cost of agricultural land share

The procedure was started very actively, and its main goal was to increase the percentage of private landowners in society. Shares were not divided (not delimited) locally and exist only in documentary form. All members of the agricultural enterprise who became owners of shares turned out to be “owners” of agricultural land on the right of common shared ownership (a form of land ownership as a result of the reform).

Registration Before the owner of the share has the opportunity to register his share, it is necessary to carry out land surveying. After this, the land plot must be registered. Dear readers! Our articles talk about typical ways to resolve legal issues, but each case is unique.

Use and disposal

A land share is a part of the territory that is allocated to a person from the general land asset. It can be used as authorized capital, a consumer cooperative or a manufacturing enterprise.

What is a land share

A distinctive feature of the share is its one-time and free provision since 1991. It was provided to employees of disbanded collective agricultural enterprises or those who retired from them.

Among transactions with agricultural land, a special place is occupied by measures for the re-registration and disposal of plots that are part of the common property. Since 91 of the last century, workers of collective farms have had the opportunity to purchase a land share free of charge, which will then be used at the individual’s discretion.

One hundredth of something is also called a hundredth. This type of calculation is convenient both for construction and sale, and for sowing land plots. The ratio of one hundred square meters to a hectare People who are interested in buying a plot of land often ask themselves the question: how many hundred square meters are there in a hectare? After all, it is there that we often encounter such a concept as weaving. This is where the question arises: how many acres are included in 1 hectare?

How much is 1 hectare of land?

A land share is a part of the territory that is allocated to a person from the general land asset. In the year, we made some adjustments to the rules for the use of traumatic weapons, the new rules are as follows: It is prohibited to carry a pistol in public places, stadiums, shopping malls, etc. Each insurance company has a special department that deals with the analysis of complaints submitted by clients.

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But areas near large cities can be several times more expensive due to the possibility of building a country house there. When purchasing, you need to inspect the share, verify the fact of its direct purpose, check the person’s consent to the authorized sale by the local administration, study the ownership documents, and also check that there are no problems in the Unified State Register. It is advisable to use the help of a legal service to avoid mistakes when completing a transaction.

After all, this is the option of registering rights to a share that is available to many today, in contrast to the purchase of land. In addition to the location, as well as the basic characteristics of the site, buyers are most interested in the following question - how much does it cost to rent agricultural land.

How many hectares are in one share of land?

The amount of the fee is regulated by the Tax Code of the Russian Federation. The municipality has the priority right of purchase. If you ignore this, the subsequent transaction can be considered void. If the buyer has offered a lower price, the administration must be notified again.

• It is necessary to collect a sufficient amount of information about such land shares for sale. It is advisable to collect information about the most similar areas, for example, those located within the same field, cooperative, where a person has a share;
• The total value of the area is divided by the total value of the cost - this is how you find out how much one unit of land (hectare, hundred square meters) costs on average;
• For maximum accuracy, 5-10% of the total amount is added further. This can be done if the land is well-groomed, transport accessibility is excellent, there is a forest and communications nearby. When everything is exactly the opposite, then the same interest can be taken away.

Any cadastral price is intended only for maximum tax efficiency. Since the state has maximally equated this value to the market price of each object. Although the accuracy of the calculations causes numerous complaints and lawsuits. Reason: often real price values ​​differ several times from cadastral ones. Moreover, such information in the cadastre will be updated quite rarely, which aggravates the situation. Therefore, such data cannot be used when setting the sales price or relied on them when purchasing any real estate.

Cadastral value of land share

The price of the plot that is planned to be put into use depends on the area, location, accessibility, availability of communications, buildings, and soil quality. Any object for rent should be highlighted in kind. If a person decides to rent out his land, then you can calculate its value using the same comparison method described above.

The consent of the husband or wife to sell, as well as the contract with the buyer, also require notarization. The latter document, in the future, will be the basis for registering the owner’s rights for the buyer.

At the same time, when disposing of his share, the owner must take into account the interests and rights of other shareholders. It is for this reason that it is quite difficult to realize land rights. In addition, a person can lose his share at any time, for example, it can be transferred to the local administration. This can be motivated by the fact that the land is not used by the shareholder. Features The features of land shares include the fact that they were provided once and free of charge, starting from the year.

1 share of land is how many hectares

If you ignore this, the subsequent transaction can be considered void. If the buyer has offered a lower price, the administration must be notified again. Before selling a plot, you need to find out how much a land share costs. You may also be interested in Source: The main goal of the event was to increase the number of land owners.

03 Jul 2021 uristgd 165

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