Land Valuation - Legal Advice


Questioner

If you have to pay someone because he needs his money for his leased land. But the value of the homes has fallen, Isn't it true that the land has also become less valuable? And if so, where can you go for the correct amounts? How do you calculate the percentages

Lawyer

Dear, It does not seem automatic to me that the value of the land decreases with the prices of the houses. The other way around (with rising house prices) is not the case either. For valuation of the value of the land, it is best to engage a real estate agent/valuer.

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