Purpose – Land governance plays an important part in influencing the quality of valuations. The purpose of this paper is to review the different meanings of governance. Design/methodology/approach – The World Bank Indicators of Governance, Jones Lang LaSalle's Global Real Estate Transparency...

Purpose – The purpose of this paper is to review the issues involved in the implementation of mass valuation systems and the conditions needed for doing so. Design/methodology/approach – The method makes use of case studies of and fieldwork in countries that have either recently introduced...

Purpose – The purpose of this paper is to review the economic theories that lie behind the assessment of compulsory purchase compensation and the issues that arise from them. Design/methodology/approach – The method has been to review the literature about the theories and the critiques of...

Purpose – The purpose of this paper is to examine a device used in leasehold enfranchisement valuations known as the graph of relativity, which shows the percentage of the freehold value of a dwelling that a lease of a given unexpired term comprises. There are a number of such graphs in...

The demand for energy has led to demands for investment in the Far North regions. The regions are rich in mineral wealth but are characterised by difficult conditions in which to live and work. Exploitable resources are widely scattered with difficulties in accessing them. They are located in...

Purpose - The article discusses the issues involved in reconciling the development of natural resources with traditional uses of land, such as nomadic reindeer herding and fishing. Whilst it is in the national interest to exploit the oil-gas reserves the indigenous population cannot be protected...

Until the twentieth century the northern regions of Russia and North America had little by way of infrastructure and urban development. This changed as the extent of the mineral wealth in these regions came to be appreciated and exploited. During the Second World War and the Cold War the regions...

A number of transitional economies are in the process of developing real estate taxation based upon the market values of properties. This paper examines the issues involved in achieving this. The use of market values in taxation requires the existence of valuation standards based upon market...

Purpose This paper aims to report the findings of a study of nine countries in Europe and Central Asia (ECA) that have either recently introduced or are working towards the introduction of value-based recurrent property taxes. Although many countries have recurrent property taxes, often, they...