Value, and its attribution to unregistered land, is important information for effective land acquisition, taxation and transfer processes and a key component of land administration systems.
This manual presents a practical approach to the valuation of unregistered land. It is designed to aid implementation of Valuation of Unregistered Lands: A Policy Guide, prepared by the Global Land Tool Network for the United Nations Human Settlements Programme (UN-Habitat), in combination with the international valuation standards of the International Valuation Standards
Council. The manual comprises two parts. The first gives an overview of recommendations related to the valuation of unregistered land rights, and the second provides more detail about what to consider when working in this complex environment.
The competent valuation of unregistered land rights requires transparent and accountable assessment of all relevant risks. This is a difficult, risk-laden, complex, and often emotionally and politically fraught process, with limited professional capacity and knowledge and a chronic lack of data and cultural/social understanding. It can be argued that “value”, whether defined in purely economic terms or in a wider context of social, environmental, and cultural value, is central to the establishment of tenure security and the identification of legitimate land rights. The manual is designed to be applicable globally, particularly in developing nations. It is based on agreed standards of best practice, due diligence protocols and expert collaboration. It explains the key concepts of valuation, land tenure, bases of value, professional capacity-building and valuation frameworks and provides an example template/aide-memoire for unregistered land valuation that can be used by valuers.
Governments, policymakers, land professionals, valuation practitioners, capacity development institutions and other interested parties should use this manual to help achieve the Sustainable Development Goals related to conflict prevention, food security, gender equity, justice, and sustainable urban and rural development.
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The Global Land Tool Network (GLTN) is an alliance of global regional and national partners contributing to poverty alleviation through land reform, improved land management and security of tenure particularly through the development and dissemination of pro-poor and gender-sensitive land tools.
Secure land tenure and property rights are fundamental to shelter and livelihoods as well as the realisation of human rights, poverty reduction,economic prosperity and sustainable development.
FIG is the premier international organization representing the interests of surveyors worldwide. It is a federation of the national member associations and covers the whole range of professional fields within the global surveying community. It provides an international forum for discussion and development aiming to promote professional practice and standards.