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Public Projects and Betterment- Focusing on Exclusion and Recapture of the Betterment -

  • Public Land Law Review
  • Abbr : KPLLR
  • 2008, 40(), pp.21-43
  • Publisher : Korean Public Land Law Association
  • Research Area : Social Science > Law

Heo, Kang Moo 1

1한국부동산연구원

Accredited

ABSTRACT

It is controversial to exclude the betterment of public projects in the process of the evaluation of compensation appraisal as it is a sensitive matter closely related to private property right. In addition, the betterment due to the increase in land prices in the region near a large-scale public projects makes it more difficult to solve the problem. In a situation when there were no sufficient systematic devices to recapture the betterment, an unexpected rise in land price in the surrounding area of a large-scale public projects was the major cause of numerous complaints. Therefore, it is essential how to solve the exclusion of the betterment within the district of the proposed public projects and the betterment recapture from land in the region near the public projects. In this regard, this study is to examine several points related to the systematic devices for the exclusion of the betterment in order to control speculative purchase of land that can occur while the new government of President Myung-Bak Lee implements large-scale public projects worth KRW 230 trillion, which includes the construction of the cross-peninsularcanal and the Saemangeum development project. The contents of this study are as follows: Chapter 2 reviews the necessity for the exclusion of the betterment of public projects and the balance with the adjacent areas. Chapter 3 draws the problems and solutions of the matters mainly related to the betterment of public projects. Chapter 4 evaluates the necessity to improve the devices to recapture the betterment in the region near the public projects and the ways of improvement, and finally Chapter 5 summarizes the overall contents of this study.

Citation status

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