REAL PROPERTY VALUATION IN EXPROPRIATION IN ETHIOPIA: BASES, APPROACHES AND PROCEDURES

Habtamu Bishaw Asres
The purpose of this paper is to examine the existing real property valuation practice in case of expropriation in Ethiopia and to propose potential bases and approaches compatible to the Ethiopian real property system based on desk review research in which existing literature are the main source. The paper found that, there is no standard and responsible institution for property valuation. As a result, valuation variation and valuation inaccuracies are common. Therefore, market value can...
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