Land and Buildings Valuation Act.
Country
Type of law
Legislation
Date of original text
Date of latest amendment
Abstract
This Act regulates the implementation of the official appraisal of real estate properties in the Principality of Liechtenstein. The properties that are subject to appraisal under this Act include: a) Real estate properties as defined in Article 34 of property law; b) Buildings that require insurance according to the Building Insurance Act. The Act further cover valuation of the agricultural and non-agricultural lands. The valuation is processed by considering the Replacement value; b) Diminished value; c) Current value; d) Land value; e) Actual value; f) Earnings value; g) Market value; and h) Any comparative values.The text provides for the valuation processing; appraisal bodies; legal remedies; offences; fees and compensation. The text consists of 30 Articles divided into 7 Parts.
Attached files
Web site
Long title of text
Act on the official valuation of land and buildings (Valuation Act).
Notes
Consolidated version of the Act as of 2023.
Repealed
No
Publication reference
Liechtensteinisches Landesgesetzblatt No. 353.
Source language
English
Legislation Amendment
No
Original title
Gesetz über die amtliche Schätzung von Grundstücken und Gebäuden (Schätzungsgesetz; SchätzG).
Implemented by