DETERMINING FAIR RENTAL VALUE OF LAND IN THE HUNGARIAN VALUATION PRACTICE – A METHODOLOGICAL APPROACH

Buzás Ferenc, Posta László, Kiss Sándor and Mező István

APSTRACT: Applied Studies in Agribusiness and Commerce, 2017, vol. 11, issue 3-4

Abstract: The directive of 1666/2015. (IX. 21.) called ’Land for Farmers!’ has changed not only the legal terms and conditions but also the economic basis of land use in the relation of land use and resulting derivative demand. Institutionalized rental fees can be modified to market level only if it is confirmed by qualified expert’s report hired by the new land owner. Setting a fair rental value has quite a few methodological approaches. Due to the lack of a legally recommended calculation process, authors hereby are presenting a method to calculate fair rental value that is beneficial for both renter and owner. Foreign rental conditions related to the topic are also concerned in the article.

Keywords: Agribusiness; Land Economics/Use (search for similar items in EconPapers)
Date: 2017
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
https://ageconsearch.umn.edu/record/273267/files/A ... 4_web_02_fejezet.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:ags:apstra:273267

DOI: 10.22004/ag.econ.273267

Access Statistics for this article

More articles in APSTRACT: Applied Studies in Agribusiness and Commerce from AGRIMBA
Bibliographic data for series maintained by AgEcon Search ().