Using bare valuation method in valuation of rural area
Ertas, Mehmet
In todayys Turkey where the migration from the village to town has been experienced, real estate valuation of lands is tried to be organized as discipline, act and model. Thus, some public and corporate institutions issued regulations and circulars regarding the part of valuation that concerns to them. F subsection of 11th item of Publicizing Law numbered 2942 has been applied in publicizing agricultural areas, selling lands belonging to the General Directorate of National Real Estate and real estate valuation in order for owners to obtain bank credit. For this purpose, a state is stated this: Committee of experts estimates disposable income that real estates and source bring with the report they arranged in the situation of using real estate or source in lands according to place and conditions on the publicizing date and based on existing valuee. Income method is used in accordance with this provision. Those who want to make valuations in rural areas in our country face many models and data deficiencies such as the criterion and method of valuation, land planting plan and annual disposable income belonging to that agricultural field. What is more, because most of those who deal with valuation focus their energy on urban areas, the valuation of rural areas is somewhat neglected. Also, it cannot be said that those dealing with the valuation of rural areas develop valuation standards (and weight) and methods in accordance with village conditions.
Event: XXV FIG International Congress : Engaging the Challenges, Enhancing the Relevance
Only personal, non-commercial use of this document is allowed.