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Source: BUS Sachsen-Anhalt (Linie6PLus)

Apply for property value determination

Description

If you want to sell a developed or undeveloped property, it can be useful to have the market value of the property determined in order to set the purchase price. An independent expert opinion also helps to avoid disputes in the event of inheritance disputes between property heirs.

The market value of properties is determined by independent expert committees and reported in market value reports. The appraisals have no binding effect unless otherwise specified or agreed.

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

Upon request, you will receive an expert opinion on the market value of real estate if you are

  • the owner of the property,
  • persons with equivalent rights to property owners,
  • holders of other rights to the property or
  • beneficiaries of a compulsory portion for whose compulsory portion the value of the property is important,

are.

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

  • the authorities responsible for enforcing the Building Code,
  • the authorities responsible for determining the value of a property or compensation for a property or
  • courts and judicial authorities

request it.

Please submit the relevant documents (e.g. identity card, extract from the land register or extract from the real estate register of the property to be appraised) as proof of authorization to apply.Other documents relating to the valuation object (e.g. construction plans of buildings) may be of importance for the valuation. If you have such documents, please submit them.

The costs for a market value appraisal are made up of

  • a fee for the market value appraisal, which depends on the value of the appraised property and
  • the expenses for compensating the honorary members of the expert committee.

Please enquire about the costs at the office of the relevant expert committee.

The processing time depends on the object being valued. It usually takes several weeks from the application to the dispatch of the appraisal report. In individual cases, please contact the office of the relevant expert committee.

Contact points are the responsible offices

Market value appraisals are prepared by the state's expert committee and by specially trained, publicly appointed and sworn or certified experts (appraisers).

  • Personal appearance required: generally yes
  • To obtain a market value appraisal, please submit a corresponding application to the office of the relevant expert committee.
  • Your eligibility to apply will first 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 appraisal is completed and sent to you.
  • Finally, the notification of costs is sent to you.

State Office for Internal Administration Mecklenburg-Vorpommern,Office for Geoinformation, Surveying and Cadastre

The text was automatically translated based on the German content.

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