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Real Estate Cadastre Value Escalation Procedures

Original Language Title: Nekustamo īpašumu kadastrālo vērtību aktualizācijas kārtība

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The Republic of Latvia Cabinet of Ministers of 25 May 1999, in Regulation No 193 (in Riga. No 27, § 18) real estate cadastre value escalation procedure Issued in accordance with the law "on real estate tax" in article 4, the eleventh part 1. These rules determine the order in which the real estate cadastre value escalation (existing real estate cadastre value review and adjustment, as well as in addition to the deliberate, with real property taxable real property cadastre valuation).
2. Real Estate revaluation between the large-scale cadastral values: the 2.1 update updated cadastral value to the next taxation year before January 1 of the current tax year on 15 October: 2.1.1. the relevant town or rural area is new or updated an existing value of land zoning;
2.1.2. the entry into force of the real estate and other indicators of changes that affect real property cadastral value;
2.1.3. change of property use objective (goal);
2.1.4. in the definately or change the property aprobežojum of use or encumbrance;
2.1.5. made or updated land boundary plan, so changed the land area;
2.1.6. for land use transformation changed;
2.2. apply to the updated cadastral value for the current tax year: 2.2.1. If a new real estate, divided or joined an existing real estate, cadastral value is determined by the real estate situation to date when these changes have taken place;
2.2.2. If the State or local government bodies issued documents on real estate is of non-compliance with the actual situation, the cadastral value is determined by the real estate situation to the current tax year January 1;
2.2.3. If real estate suffered natural disasters or fire, the cadastral value is determined on the date when these accidents occurred (after the devastation of the clarification of the consequences);
2.2.4. If the property owner has requested a re-evaluation of the real property cadastral value, it is determined by the real estate situation to the current tax year on January 1.
3. If the local government bodies in the current taxation year are presented in addition to the informed real estate property that is subject to real estate tax, the cadastre value is determined by the real estate situation to the current tax year on January 1.
4. The State land service of the territorial division of this provision in paragraph 2.2 and 3. in the cases referred to in point information (list) for the current tax year and aktualizētaj in addition to the calculated property values kadastrālaj (hereinafter referred to as the information (list)) submitted to the relevant authorities of the alignment of the current tax year April 15, July 15, and October 15, taking into account the following conditions: 4.1 information (list) to be submitted with the appropriate cover letter and the transfer and adoption of legislation;
4.2. If the municipality two weeks of not writing submitted proposals for changes to information (list), it constitutes a coherent;
4.3. If the municipality's proposals for changes in information (list) and they fixed period is submitted in writing to the respective State land service of the territorial Department of the State land service of the territorial division within three working days to examine, if necessary, adjust the information (list) and send it again to the municipality;
4.4. If the State land service territorial division is the basis to disagree with the proposals submitted to the municipality of changes to information (list) or it has received notification of the rejection, the State land service of the territorial Department five working days send a reasoned letter to the municipality concerned and the real property cadastral valuation Commission. Real estate a cadastral valuation the Commission ten working days give an opinion on the merits of the changes and specifies the conditions to be met when submitting information (list).
5. determine the mass and up-to-date real estate a cadastral values are valid until their escalation or renewed real estate revaluation to the mass.
6. the Individual in certain real property cadastral values are valid for the current tax year and used massive cadastral value provided to fine-tune the next tax year.
7. in paragraph 2 of these regulations (other than 2.1.1) in those cases the real estate cadastre value updates, evaluating them according to specified cadastral changes, updated data and existing real property cadastral valuation methodologies.
8. This provision 2.1.1. in the case referred to in subparagraph land cadastral values updated accordingly pirmstaksācij the price level of the year (price level), taking into account: 8.1. sample of the updated land cities;
8.2. one square metre of land values in urban and rural settlements land;
8.3. the value of one hectare of land in rural areas (except building land).
9. price level is real estate market price trends within a particular average, the market value of the fixed size in a separate area or land values in the area comparable real estate for the previous period, including the pirmstaksācij year. Price level set by the national land service.
10. The provisions referred to in paragraph 9, the previous period are: 10.1. no less than two years in the ground sample and the value of the land zoning escalation;
10.2. no less than four years the land value of the area, structures for the development of the base models and updates to specific real estate mass revaluation.
11. Comparative real estate is property for which purpose (objectives) are the same and their representative data on the composition and size of the property, as well as other indicators of values are mutually comparable.
12. the areas for which it is not possible to determine the price level, may apply to the territory of another separate price level, if the real estate market value decisive key factors are mutually comparable.
13. in the rural areas who do not have land values, zoning at the price levels of individual areas develop and confirmed the value of the land zoning.
14. Price level indicates LCY: 14.1. urban and rural settlements land-1 m2 of land;
14.2. rural land (excluding building land): 1 ha of land;
14.3. structures: 1 m2 total area or another measurement unit.
15. in Certain territories or land value zone determines the price level: 15.1. when comparable real estate selection and analyzing their market prices during the period of pirmstaksācij;
15.2. developing real estate market price card;
15.3. the market price specified in the graphical analysis of indicators and establishing price trends frame tax period.
16. By 1 January 2000 in the sample cities, the land value of land area 1 m2 land, rural land (except the building ground) 1 ha land, structures 1 m2 total area, or other unit of measure of the value of the 80-115% of the property price level.
17. real estate, of which the price level is 80-115% of the cadastral value of the discount, according to the price level changes are not made.
 
V. Krištopans, Prime Minister, Minister of Justice of Labuck I.