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Land and Buildings Valuation Ordinance (SchätzV).

Country/Territory
Liechtenstein
Document type
Regulation
Date
2016 (2022)
Source
FAO, FAOLEX
Long title
Ordinance on the official valuation of land and buildings (Valuation Ordinance; SchätzV).
Subject
Land & soil
Keyword
Land tenure Ownership Land valuation Procedural matters Public land Court/tribunal Dispute settlement Royalties/fees Liability/compensation Enforcement/compliance
Geographical area
Alps, Europe, Western Europe
Entry into force notes
This Ordinance comes into force on 1 January 2017.
Abstract

The Regulation specifies the details concerning the official valuation of real estate, in accordance with the Valuation Act, within the Principality of Liechtenstein. The valuation must take place by considering all uses, rights and encumbrances associated with the valuation object. The text provides for the market value and real value; execution/conduct of the official appraisal; valuation commission; geo-referenced appraisal cadastre; and fees and compensation. For valuation of the agricultural lands the net income, lease rate, agricultural earning value and market price of the agricultural land are taken into account. The text consists of 30 Articles divided into 5 Parts.

Full text
German
Website
www.gesetze.li

References - Legislation

Implements

Land and Buildings Valuation Act.

Legislation | Liechtenstein | 2016 (2023)

Keyword: Land tenure, Ownership, Land valuation, Procedural matters, Public land, Court/tribunal, Dispute settlement, Royalties/fees, Liability/compensation, Enforcement/compliance, Offences/penalties

Source: FAO, FAOLEX

Repeals

Ordinance on official land valuation.

Legislation | Liechtenstein | 1974 (2013)

Keyword: Land tenure, Ownership, Land valuation, Procedural matters, Public land, Court/tribunal, Dispute settlement, Royalties/fees, Liability/compensation, Enforcement/compliance, Offences/penalties

Source: FAO, FAOLEX