부적법한 부동산의 평가기준

Abstract

Real estate environment has continuously changed on account of the variability of social, economic and administrative status as one of the humane characteristics. All of them are factors which can influence property values, and such value determinating factors are the main target to analyse surely in the process of appraisal which is the nature of quest for how value forms and how value produces. This time around, there are legally nonconforming properties by laws legislation or revision placed on them resulting from the changeability of administrative status which can be seen as one of the peculiarity of real estate. These can come in many forms and can affect the land, buildings, or the uses of the property. The highest and best use principle is based on the premise that it is legitimate state under current laws. It raises theoretical and practical questions about how to establish related concepts, where the hierarchy location be, and how final value reflection does on legally nonconforming property by appraisal theory evaluated on the basis of the highest and best use principle about legally nonconforming property. The purpose of this study is to establish a new definition of legally nonconforming property which has yet to be systemized, and is to present the standards of appraisal of legally nonconforming property which has always created challenges in the appraisal process. The results of this study are as follows: It establishes a clear definition of legally nonconforming property. It surveys value analysis in violation of the existing regulations of the building-to-land ratio through case study of legally nonconforming property. Finally, it presents standards of appraisal of legally nonconforming property. The process is for the purpose of solving the disorientation of property appraisers.