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Description of BS EN ISO 19152-4:2025 2025This document: a)Â Â Â Â Â Â builds on the models established in ISO 19152-1 and ISO 19152-2 to cover the valuation aspect of the Land Administration Domain Model (LADM); b)Â Â Â Â Â Â provides an abstract conceptual model covering: 1)Â Â Â Â Â Â values (assessed values, valuation procedures, mass valuation); 2)Â Â Â Â Â Â transaction prices; 3)Â Â Â Â Â Â sales statistics; 4)Â Â Â Â Â Â valuation units (parcel (legal space parcel), building, condominium unit, valuation unit group). c)Â Â Â Â Â Â Â provides terminology for the valuation component of land administration/georegulation, based on various national and international systems, that is as simple as possible in order to be useful in practice. The terminology allows a shared description of different formal or informal practices and procedures in various jurisdictions; d)Â Â Â Â Â Â specifies a content model independent of encoding that can be employed as a basis for local, national and regional profiles for valuation processes; and e)Â Â Â Â Â Â enables the combining of valuation information from different sources in a coherent manner. NOTEÂ Â Â Â Â Â Â Â Â Â Â This document does not interfere with national property valuation-related regulations with potential legal implications.
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About BSIBSI Group, also known as the British Standards Institution is the national standards body of the United Kingdom. BSI produces technical standards on a wide range of products and services and also supplies certification and standards-related services to businesses. |
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