Resource information
The present Law establishes legal basis for land valuation and determines complexity in the process of carrying out land valuation. The Law consists of 2 chapters that contain 12 articles. Chapter 1 (arts. 1-6) lays down general provisions. Article 1 introduces the main concepts and terms of reference. Article 2 regards land valuation. Article 3 regards determination of cadastre zone. Article 4 specifies legislation on land valuation. Article 5 regards the object of valuation. Article 6 regards licensing of activity regarding land valuation. Chapter 2 (arts. 7-12) regards state cadastre valuation of land. Article 7 regards organization of state cadastre valuation of land. Article 8 classifies the types of state valuation of land. Article 9 regards financing of state cadastre valuation of land. Article 10 establishes the methods and modalities of state cadastre valuation of land. Article 11 regards entry into force of the results of state cadastre valuation of land. Article 12 regards dispute settlement.