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Home»Law and Cases»Legislation»Order No. 39 of the Ministry of Economic Development validating the Instruction on cadastre valuation of urban land.
Order No. 39 of the Ministry of Economic Development validating the Instruction on cadastre valuation of urban land.
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This Order establishes that the purpose of the Instruction shall be to establish cadastre value of different categories of urban land. Calculation of cadastre value shall be carried out in the following manner: (a) determination of criteria for land valuation; (b) data collection; (c) classification of the urban land by categories; (d) access to market information of market value of land; and (e) statistical formula development; and (f) calculation of land value.
Title
Order No. 39 of the Ministry of Economic Development validating the Instruction on cadastre valuation of urban land.