Korea Association of Property Appraisers
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Home > Property Appraiser > Scope of Work
. Scope of Work
  • Valuation for the Reference Land Price
    • Survey and assessment of the OARLP (Officially Assessed Reference Land Price)
    • Verification of the OAILP (Officially Assessed Individual Land Price)
  • Compensation
    • Appraisal for compensation related to various public projects, such as acquisition and use of public land for public purposes
  • Taxation
    • Appraisal for the Value of Property for various purposes such as taxation of national and local taxes, imposition of development charges
  • Appraisal of land value
    • Appraisal of the land for price determination of residential, industrial, and tourist sites, etc., as stipulated by laws such as the 「Act on Planning and Use of National Land」
    • Appraisal of the land for land readjustment, expropriation for redevelopment or conversion to other purposes in areas designated for land readjustment or development planning
  • Disposal Management
    • Appraisal for determining prices and sales prices necessary for the establishment of a management disposal plan for redevelopment
  • Auction and Litigation
    • Appraisal for the property for pending court auctions, civil, criminal, and administrative litigation
  • Collateral
    • Appraisal for the collateral for financial institutions, insurance companies, trust companies, agricultural cooperatives, leasing companies, and venture investment firms
  • Transaction
    • Asset appraisal for corporate establishment and mergers
    • Property appraisal for various licenses, permits, immigration proceedings, and other processes
    • Real estate and factory appraisal for general transactions and property management
    • Property appraisal for various licenses, permits, immigration proceedings, and other processes
  • Consulting
    • Feasibility Study, Property Management, Lease Analysis etc.