There is a striking real contradiction of land compensation in our country's requisition of rural land. In the development process of our socialist market - economy structure the requisition of rural land should be carried out in accordance with the market principle of "exchange at equal value", and the compensation amount for the requisition of land should be subject to the normal market price of the land taken over. In accordance with the regional difference, local departments may adopt an incomplete monetary model, that is, a combination of money compensation and labor arrangement, or a complete monetary model. In the former the most appropriate accounting method for land compensation should be the income method through appraising real estate, and in the latter the market comparative method or the mock development method may be adopted.