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A Study on the Consistent Way to Calculate Estimated Compensation for Cadastral Resurvey Project -Hwang-Woon District Digital Cadastral Pilot Project Case-

  • Korea Real Estate Review
  • 2012, 22(1), pp.173-195
  • Publisher : korea real estate research institute
  • Research Area : Social Science > Law > Law of Special Parts > Law of Real Estate

Seon-Jong Yoo 1

1건국대학교

Accredited

ABSTRACT

In 2011 the National Assembly passed Special Act on Cadastral Resurvey Project which causes many important issues both theoretically and practically. The digital cadastral project implementation process must make some landowner better off (area increase) and others worse off (area decrease) by changing the boundaries of ones’ own land. This study focuses on the consistent way to calculate estimated compensation if landlords are worse off or charge otherwise. The contributions of the study are threefold. Firstly we analyze the optimal way to calculate fair compensation or charge by comparing appraisal value method and a method based on the individual land value by public announcement in theoretic manner. Secondly we suggest a practically more feasible method among the two methods. For this end we collect considerable amount of data on both appraisal values and the individual land values by public announcement. Lastly we also recommend more desirable and efficient implementation strategy for government agency who is in charge of expanding digital cadastral project nationwide. As a concrete case study to support our research results we analyze Hwang-Woon District Digital Cadastral Pilot Project which was done in year 2010. Among many issues we stick to estimated fair compensation or charge calculation resulting from the area change due to the movement of boundaries of ones’ land.

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