Law on the official valuation of land and security right (Valuation and Security Right Law). Country/Territory Switzerland Territorial subdivision Obwalden Document type Legislation Date 1986 (2007) Source FAO, FAOLEX Subject Land & soil Keyword Land tenure Land valuation Access right Access-to-information Traditional rights/customary rights Vested rights/existing rights Geographical area Alps, Europe, Europe and Central Asia, North-East Atlantic, Western Europe Entry into force notes The present Law enters into force on 1 January 1989. Abstract The present Law lays down provisions relating to the official land valuation and security right over real property. Article 1 establishes that the Executive Council shall elect for the constitutional term of four years a Valuation Commission. The text consists of 25 articles divided into 3 Parts as follows: Official valuation (I); Security right over real property (II); Final provisions (III). Full text German Website www.ow.ch References - Legislation Implemented by Ordinance on land valuation fees. Legislation | Switzerland | 2012 Keyword: Land tenure, Land valuation, Royalties/fees Source: FAO, FAOLEX