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A Study on the Maximum Rates of Difference using the Comparison of Factors in the Compensation Appraisal

  • Korea Real Estate Review
  • 2008, 18(1), pp.95-124
  • Publisher : korea real estate research institute
  • Research Area : Social Science > Law > Law of Special Parts > Law of Real Estate

Bumung Lee 1

1동의대학교

Candidate

ABSTRACT

Regional and site forces play a critical role in land appraisal practices since they have considerable effects not only on personal property rights and also on equity in taxation. Those forces and their comparable factors stipulated in the Land Compensation Appraisal Guidelines have been working as important standards in land compensation appraisal. However, the rates of difference using the comparison of components are not articulated properly. This study suggests the maximum rate of difference using the comparison of factors that can be applied in appraisal practices. It is author’s belief that this study will contribute to enhancing specialty and reliability of land value appraisal practices.

Citation status

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