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Manual for the valuation of unregistered land opens for public consultation

Press Release 27 Nov - 14:20 SAST

Manual for the valuation of unregistered land opens for public consultation

Press Release 27 Nov - 14:20 SAST

Information from FIG

As part of the UN-Habitat – Global Land Tool Network (GLTN), the International Federation of Surveyors (FIG), together with the International Professional Bodies Cluster, works on a manual for the valuation of unregistered land. The operational manual is designed to put into practice the previous UN GLTN policy guide “valuation of unregistered land”, in combination with and influenced by global valuation standards.

The Global Land Tool Network (GLTN) is a multisectoral alliance of international partners committed to increasing access to land and tenure security for all. The manual is designed to be globally applicable, particularly in developing nations where access to market data may be poor and where there may be a lack of trained valuers.

The manual is split into two sections: the first outlines valuation recommendations for valuing unregistered land and the second adds more detail on issues to consider when working in this complex environment. Appendices provide a template for valuing unregistered land, case studies, references and definitions.

The manual is open consultation until 11 December 2020. The core group intends to review all commentary during the week of 14 December 2020 and deliver the final document to UN Habitat GLTN on 21 December 2020.

More info, including the draft manual and submission details, are online here.