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Source: BUS Sachsen-Anhalt (Linie6PLus)

Apply for land value determination

Description

If you want to sell a developed or undeveloped plot, it may make sense to have the market value (market value) of the property determined to determine the purchase price. Likewise, in the case of inheritance disputes between property heirs, an independent expert opinion helps to avoid disputes.

The market value (market value) of land is determined by independent, independent expert committees and reported in market value appraisals. The expert opinions have no binding effect, unless otherwise specified or agreed.

Market value appraisals are also prepared by specially trained publicly appointed and sworn in or certified experts (appraisers).

Upon request, you will receive an expert opinion on the market value of land if you

  • property owners,
  • beneficiaries equivalent to property owners,
  • holders of other rights to the land, or
  • persons entitled to a reserved portion for whose reserved portion the value of the land is important,

are.

Furthermore, the expert committees for property values provide market value appraisals if

  • the authorities responsible for the implementation of the Building Code,
  • the authorities responsible for determining the value of immovable property or compensation for immovable property, or
  • Courts and judicial authorities

apply for it.

To prove the eligibility to apply, please submit appropriate documents (e.B. identity card, land register extract or extract from the real estate cadastre of the property to be assessed). Further documents about the valuation object (e.B. construction plans of buildings) may be important for the valuation. If you have such documents, please submit them.

The costs for a market value appraisal consist of

  • a fee for the market value appraisal, which depends on the value of the valuation object, and
  • the expenses for the compensation of the honorary members of the expert committee.

Please inquire about the costs at the office of the responsible expert committee.

The processing time depends on the valuation object. As a rule, several weeks pass from the application to the dispatch of the expert opinion. In individual cases, please ask the office of the responsible expert committee.

Points of contact are the competent authorities

  • Forms: none
  • Online procedure possible: no
  • Written form required: yes
  • Personal appearance necessary: basically yes
  • In order to reimburse a market value appraisal, please send a corresponding application to the office of the responsible expert committee.
  • First of all, your eligibility to apply will be checked on the basis of the documents submitted.
  • In preparation for the appraisal, the valuation object (property) is inspected by employees of the office, and the documents are evaluated.
  • The expert committee inspects the valuation object and decides on the market value.
  • The report will be completed and sent to you.
  • Finally, the cost notice is sent.

Landesamt für innere Verwaltung Mecklenburg-Vorpommern, Amt für Geoinformation, Vermessungs- und Katasterwesen

The text was automatically translated based on the German content.

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