I found that the plan of redevelopment area in city has been associated with interest groups since they worked this process. Then, the law of redevelopment in city rules to establish plan of legal management for equal exchange between previous propert...
I found that the plan of redevelopment area in city has been associated with interest groups since they worked this process. Then, the law of redevelopment in city rules to establish plan of legal management for equal exchange between previous property and property of sale in lots.
This research found problems related to appraisal of real property, further proposal.
In order to achieve this goals, I classify evaluations of previous property, evaluations of sale in lots, evaluation of public and government lands by sale, free transfer of public facilities and evaluation of transfer.
First , the evaluation of previous property is as follow.
① If they evaluate a site of other's buildings as bare ground, It deserve to devaluate this assets in practise because they think that lands hold superficies.
② We need to revise evaluation timing of redevelopment areas from the day in which they start to do business to the day in which they appoint lands as redevelopment areas
③ There is possible to exist constantly an un-equilibrium between the remained residents and the moved out ones because the price of standard land is much different compare with the actual price of it in redevelopment area. we have to consider the efficiency of possible land by sale up to discrepancy when they select a standard land
④ Considering the evaluation of roads within redevelopment areas, we have to check carefully the purposes of setting roads, surroundings, relations of occupations rather than 1/3 of neighboring lands. we would reflect its results to the value levels of neighboring lands.
⑤ Prices of a land more than a optimum scale in redevelopment areas would be arranged of lower value. Because a land more than a optimum scale regard as settlement of money. We have to consider differences of development benefits up to degree of lands and evaluate them.
Second, we checked the evaluation of probable assets by sale on the aspect of law and fair method. Then, we compared apartment houses, shopping centers and compound facilities with financial supports with them without financial supports. Specially, apartments houses where will be sold are assigned of prices without considering feasibility, but only with considering prices of land and a standard of construction cost
In fact, we have to improve how to assign prices of land with considering configurations.
Third, in case of the evaluation of the public and government lands, we investigated occupied lands and unoccupied lands through related laws. Free transfer of public facilities and evaluation of transfer were investigated fairly by rules. this rules are for facility to change their functions, and for costs of public substituted facilities