REAL PROPERTY VALUATION IN EXPROPRIATION IN ETHIOPIA: BASES, APPROACHES AND PROCEDURES | Land Portal

Información del recurso

Date of publication: 
Septiembre 2019
Resource Language: 
ISBN / Resource ID: 
AJLPGS:14233
Pages: 
12
Copyright details: 
Copyright (c) 2019 African Journal on Land Policy and Geospatial Sciences

The purpose of this paper is to examine the existing real property valuation practice in case of expropriation in Ethiopia and to propose potential bases and approaches compatible to the Ethiopian real property system based on desk review research in which existing literature are the main source. The paper found that, there is no standard and responsible institution for property valuation. As a result, valuation variation and valuation inaccuracies are common. Therefore, market value can be a potential base to real property valuation as it reflects the actual value of the property expropriated. Market and income approaches can be the potential methods to real property valuation. But discretion is given to the valuer to choose the appropriate method/s. The paper recommends the establishment of independent institution responsible for overall valuation activities including establishing standards and introducing valuation certification by considering the countries’ land tenure system.

Autores y editores

Author(s), editor(s), contributor(s): 

Asres, Habtamu Bishaw

Publisher(s): 

African Journal on Land Policy and Geospatial Sciences is a journal specialized in publishing research activities carried out in the field of geo-spatial sciences and land governance. It aims to encourage innovation, promote the exchange of knowledge and scientific outcomes related to its themes. The journal's target community is made-up of researchers, professors and professionals working in the newspaper field. The journal also aims to promote scientific articles and productions at the African, regional and global levels.

Proveedor de datos

African Journal on Land Policy and Geospatial Sciences is a journal specialized in publishing research activities carried out in the field of geo-spatial sciences and land governance. It aims to encourage innovation, promote the exchange of knowledge and scientific outcomes related to its themes. The journal's target community is made-up of researchers, professors and professionals working in the newspaper field. The journal also aims to promote scientific articles and productions at the African, regional and global levels.

Foco geográfico

Categorias relacionadas

Comparta esta página