The State Property Committee explained how to determine the rent for “specific” real estate

The State Property Committee explained the procedure for determining rent when renting so-called specific real estate objects. This sb.by reported in the press service of the Ministry.

It is noted that “specific” objects are understood as real estate objects in which there are no walls, floor or ceiling, or in respect of which it is difficult to determine the rental area. These include sidewalks, open areas (their parts), facades, roofs, other structural elements of capital buildings and the like.

- The amount of rent when renting such objects (their parts) is established by agreement of the parties, the State Property Committee stressed. For the application of unified approaches in some cases, it is recommended to focus on the sizes determined by the decisions of the Minsk City Executive Committee Commission on the regulation of the use of buildings, structures and premises that are in state ownership.

The department also recalled an important condition when calculating the lease: the amount of rent must cover the accrued depreciation, as well as all types of taxes, fees and other mandatory payments to the budget paid by the lessor. If the amount of rent (including recommended) is lower than the amount of these costs, it is subject to increase. Find out when you do not need to agree on the location of the land plot