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A Study on the Appraisal of Estimation Cost for Sale of State-owned Land

  • Korea Real Estate Review
  • 2013, 23(2), pp.231-255
  • Publisher : korea real estate research institute
  • Research Area : Social Science > Law > Law of Special Parts > Law of Real Estate

김영화 1 Park,Chang-Soo 1

1전주대학교

Accredited

ABSTRACT

With reference to the appraisal of estimation cost for the sale of state-owned land, there is now the lack of general appraisal standards for job performance. The purpose of this study is to give general standards and directions of the appraisal for the sale of state-owned land to improve the appropriateness and objectivity of appraisal. First, when the Agency of National Property Management requests the sale of state-owned land, it must write general matters, as well as sale-related laws for reference, sale reports, contract methods, the state of prospective buyers private land belonging to state-owned land. And this must be provided in the related laws as indispensable mentioned items that will specify in a written request for sale. Second, the appraisal of estimation cost for the sale of state-owned land must be, preferentially, subject to sale costing by contracts, costing by the level of contribution at the land on sale, and use-abolished condition. For the building sites of highest and best use, the drop in land prices caused by building must be considered. The appraisal of use area change will have to be based on the changed use area except in the case by the 「Act on the Acquisition of and Compensation for Land, etc for Public works」. Third, the appraisal for the sale by individual laws must be based on individual laws. Because the base point and the method of the appraisal for the sale of state-owned land depend on the intent of individual laws.

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