Introduction. Under the conditions of the excessive lease of the agricultural land in Ukraine, leasing is identified as a tool for amalgamation of land parcels into one field. However, the consequences of excessive land lease by the agricultural enterprises are both positive and negative. Often the negative consequences of such leasing lack attention from the part of policy makers and scientists. The purpose of this study is to examine how the land administration system matches the land fragmentation and what problems are faced by agricultural enterprises when concluding lease contracts under the conditions of land fragmentation in Ukraine. Results. The obtained data testify that the land administration system in Ukraine has signs of transparency and efficiency. However, the system of land administration does not meet the requirements of the ownership fragmentation in land use of agricultural enterprises. Thus, the registration of lease rights to hundreds of the land parcels requires considerable costs and time. The long-lasting registration of the lease rights to the land parcels forces the lessees to use them illegally during the registration procedure. It has been determined that the expenditures on the registration of the lease right to the state-owned land parcel are much lower in comparison with the registration of private parcels. Conclusions. One of the ways to reduce the time and cost of the registration of land parcels and rights to them is to increase the size of the land parcel per one landowner, thus reducing the number of the leased parcels in the structure of the agricultural enterprise. It is convenient to introduce a special administrative service aimed at registering lease rights of agricultural enterprises.

Normative monetary valuation of land is used to calculate the amount of land tax, state duty on mines, inheritance and donation of land according to the law, rent for land of state and communal ownership, losses of agricultural and forestry production, as well as developing indicators and mechanisms of economic incentives for the rational use and protection of land. The method of this indicator calculating was changed at the legislative level in 2021, but it is not perfect, as it does not contain a clear algorithm for consideration of all factors, including transport and functional convenience, on land value indicators in cities. There are no recommendations on the selection of evaluation factors, no the list of indicators, any procedure for calculating and interpreting the results and their application in calculating the normative monetary valuation of land, which became the basis for this study. The purpose of the study is to improve the approach to assessing and consideration the factors of transport and functional convenience during the regulatory monetary valuation of land in cities.

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