Today, on November 22, at a meeting of the Cabinet of Ministers of Ukraine, a resolution was adopted to amend the Model Land Lease Agreement, which improved the management mechanism in the sphere of land use and protection, conservation and reproduction of soil fertility.
The decision will help protect the interests of landlords - owners of land plots, as well as increase revenues to local budgets.
The adopted improvements (management mechanism in the sphere of land use and protection, preservation and reproduction of soil fertility) include:
- fixing in the lease agreement indicators of qualitative characteristics of the soil cover of the land plot at the time of its transfer to lease;
- reimbursement to the lessor - the owner of the land plot of losses in the event of deterioration of the quality of soil cover of the leased land plot or bringing it into a condition unfit for use by its intended purpose;
- determination of the term of payment of rent for use of the land plot and strengthening of liability in case of its untimely payment (fine, penalty).
These changes to the Model Land Lease Agreement have been developed and adopted in pursuance of paragraph 3 of the Resolution of the Cabinet of Ministers of Ukraine of June 7, 2017 No. 413 "Some Issues of Improving Governance in the Sphere of Using and Protecting Agricultural Land of State Property and Disposal".