PREFERRED TERM
Land valuation
DEFINITION
- Assessing land resources to estimate their material worth for rating and taxation purposes. Providing advice on the unimproved value of land or in acquisition compensation disputes. Includes valuations for heritage listed land and rating concessions where land is held under nominated lease or tenure from the Crown.
BROADER CONCEPT
ENTRY TERMS
- Land value
- Valuation services
CONTRIBUTOR
- KOdea
CREATOR
- superadmin
URI
https://data.naa.gov.au/def/agift/Land-valuation