@article{ART001497489},
author={Min, Tae-Wook},
title={Reconsideration of the Land Appraisal System Based on the Officially Announced},
journal={Public Land Law Review},
issn={1226-251X},
year={2010},
volume={51},
pages={67-88}
TY - JOUR
AU - Min, Tae-Wook
TI - Reconsideration of the Land Appraisal System Based on the Officially Announced
JO - Public Land Law Review
PY - 2010
VL - 51
IS - null
PB - Korean Public Land Law Association
SP - 67
EP - 88
SN - 1226-251X
AB - The current land appraisal system is based on the officially announced land price. Law prescribes that appraiser should appraise land by the officially announced price of standard land. The reason that law requires balance between appraisal price and the officially announced price of standard land is that the latter represents justified price. But on the contrary to law's intention, it is revealed that the officially announced price of standard land is far less from market price. The ratio of the officially announced price of standard land to market price is vary from 20% to 80% which is variable according to region that land is located and land sort. So when appraiser appraises land which its officially announced price of standard land is less from market price, he use 'other factor' in order to calculate fair value. Actually land is appraised by market value standard, but appraisal report is prepared by the officially announced price of standard land to satisfy law. In land appraisal the officially announced land price standard cause inefficiency without any desirable result. So it is advisable to abolish the standard. The officially announced land price system is needed to operate property taxes, and to achieve equal taxation it should be made up for the weak points in the system. As much as possible the officially announced land price should coincide with market value. At least the price is assessed to represent same ratio to market value in the whole country.
KW - 공시지가(the officially announced land price);기타요인(other factor);시가(market price);감정평가(appraisal);토지(land)
DO -
UR -
ER -
Min, Tae-Wook. (2010). Reconsideration of the Land Appraisal System Based on the Officially Announced. Public Land Law Review, 51, 67-88.
Min, Tae-Wook. 2010, "Reconsideration of the Land Appraisal System Based on the Officially Announced", Public Land Law Review, vol.51, pp.67-88.
Min, Tae-Wook "Reconsideration of the Land Appraisal System Based on the Officially Announced" Public Land Law Review 51 pp.67-88 (2010) : 67.
Min, Tae-Wook. Reconsideration of the Land Appraisal System Based on the Officially Announced. 2010; 51 67-88.
Min, Tae-Wook. "Reconsideration of the Land Appraisal System Based on the Officially Announced" Public Land Law Review 51(2010) : 67-88.
Min, Tae-Wook. Reconsideration of the Land Appraisal System Based on the Officially Announced. Public Land Law Review, 51, 67-88.
Min, Tae-Wook. Reconsideration of the Land Appraisal System Based on the Officially Announced. Public Land Law Review. 2010; 51 67-88.
Min, Tae-Wook. Reconsideration of the Land Appraisal System Based on the Officially Announced. 2010; 51 67-88.
Min, Tae-Wook. "Reconsideration of the Land Appraisal System Based on the Officially Announced" Public Land Law Review 51(2010) : 67-88.
