Ministerial Decree No. 1764 validating the Regulation on valuation and re-valuation of land plots.

This Ministerial Decree establishes the modalities of valuation and re-valuation of land plots by the Committee on Land Resources, Geodesy and Cartography and legal persons subordinated thereto. Valuation and re-valuation of land plots shall be carried out with the consideration of data contained in state land cadastre, land use planning register, forest register, land servitude and other use restrictions imposed by the national legislation. The results of land valuation and re-valuation shall be recorded in state land cadastre. Agricultural land, urban land, and also land of other categories in cases envisaged by the legislation, shall be subject to land valuation and re-valuation. Land valuation shall be carried out within time limits established by the legislation and land re-valuation shall be carried out once in five years if not otherwise established by the legislation currently in force. Evaluative zoning shall be carried out in the process of land valuation and re-valuation.