Study of the Russian land market

This study deals with the essence, functions, characteristics, and formation of land market, analyzis modern land market, and studies the prospects for developing the land market in Russia. This study mainly used literature research and field surveys. It emphasized the role and importance of land resources as the wealth of the Russian Federation's component entities. The main problems are discussed, including inefficient use of land resources and the consequences of land reform from 1991-2014. National land management practices shous the need to improve land use. This study also makes suggestions to improve national land management and illustrates their use. The paper proposes that countermeasures for poor land management in Russia should consist mainly of proper regulation of land relationships aimed at the problems existing in the Russian land market, such as violation of the sustainable utilization of land, especially land use for agricultural purposes. Countermeasures that Russian and local governments take to reinforce the rights of the main stakeholders in their territory and in agricultural land should be specially protected.