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Publikācija: Cadastre Register and Real Estate Market in Latvia

Publication Type Conference paper
Funding for basic activity Unknown
Defending: ,
Publication language English (en)
Title in original language Cadastre Register and Real Estate Market in Latvia
Field of research 5. Social sciences
Sub-field of research 5.2 Economics and Business
Authors Sanda Geipele
Tatjana Tambovceva
Keywords Cadastre information system, real estate objects, real estate market, real estate development problem
Abstract State Real Estate Cadastre in simplified meaning is data accumulation of real estate properties in the territory of the Republic of Latvia, including information on the land allotments, constructions, groups of premises and parts of land allotments as well as their owners, lessees and users, real estate tax items and tax payers. The Cadastre information system is used by real estate owners and lawful managers, municipalities and state institutions who act as administrators of property tax and land management policy executors as well as by property evaluators, developers, including banks and insurers. According to information rendered by the State Land Service of the Republic of Latvia, until 31 December 2009 in the Cadastre information system there were registered about 5.6 millions cadastre objects- properties and their constituent objects. Consequently, the authors of the study will analyze property items registered in the State Cadastre information system, thus achieving the objective of the study, it is, finding out the number of real estate objects in Latvia, classifying them according to the main purpose of the use, and getting to know the breakdown of these objects according to the ownership of the property as well. The basis of cadastral values is approved by the Cabinet of Ministers and it is registered in the Cadastre information system. Newly elaborated basis of cadastral values is approved until 15 June of the current year, but for calculation of cadastral values the approved basis of cadastral values are applied from 1 January of each year. Results of the performed analysis can be used for solving the problems of the real estate development in the national economy, as well as for clarifying its current state in Latvia taking into consideration analysis and evaluation of the present socio-economic system.
Hyperlink: http://leidykla.vgtu.lt/conferences/Enviro2011/Abstracts/6/223.html 
Reference Geipele, S., Tambovceva, T. Cadastre Register and Real Estate Market in Latvia. In: Environmental Engineering [CD-ROM]: The 8th International Conference (ICEE): Selected Papers, Lithuania, Vilnius, 19-20 May, 2011. Vilnius: Vilnius Gediminas Technical University Press Technika, 2011, pp.1321-1329. ISBN 978-9955-28-831-2. ISSN 2029-7106. e-ISSN 2029-7092.
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