Cadastres, Including Some Aspects of Assessment of Real Property

The basic elements of a cadastre are the definition of identified parcels on maps and the related registers of data about them. In a fiscal cadastre, the parcel should be used for only one purpose. The principle of speciality requires that one parcel designation can apply to only one parcel. There are several common designation systems. Multipurpose cadastres are being developed for many purposes other than the traditional fiscal and juridical tasks. Land tax, an important revenue source for a developing state, becomes less important as the economy expands and diversifies. Assessment data are valuable for purposes other than property taxes and should be in the cadastre. There are a number of methods of assessing property, and there can be several different but valid valuations for a single property. Governments can simplify assessment by adopting standard rules.