New Land valuation criteria after the spanish 2011 valuation of land regulation: the objectivation of building expectations in rural land
Resource information
Date of publication
Juin 2013
Resource Language
ISBN / Resource ID
DOAJ:b5488abe8e8c4b4f8b232dc774abdb8c
Pages
12
License of the resource
Copyright details
http://www.territorioitalia.agenziaentrate.it
The land valuation regime has undergone one of its most important modifications at the hands of the 2008 Land Act and its 2011 Regulation. According to the so-called objectivity principle - which defines all established methods for the new basic situations of land - and according to the stated prohibition of taking into consideration building expectations arising from granted planning permission, the fact is that the existence of circumstances that are not a natural consequence of landowner investments made on the property is easily deducible. This is inconsistent with the spirit of the Land Act in force contained in its Explanatory Memorandum.