Cadastral value: what is it, by whom it is assessed, how is it disputed in case of error

The cadastral value is the official price of certain real estate objects, which is determined by the state. This value was introduced to calculate the tax burden, as well as the size of the state duty for litigation or when entering into inheritance rights to real estate.

Validity period of the cadastral valuation

The difference between the cadastral price and the market price lies in its invariability for a certain period. For example, in cities of federal significance: Moscow, St. Petersburg, Sevastopol, the cadastral assessment takes place once every twenty-four months. In other regions, this procedure is carried out at least once every 60 months, but not more often than once every three years. The price of the real estate market can constantly change under the pressure of certain economic influences. Due to price volatility, taxes and duties are calculated from the cadastral valuation.

How the assessment procedure is carried out

The Cadastral Chamber has a network of branches throughout the country, where specialized specialists work. LSG bodies make a decision on the assessment, then the cadastral specialists deduce the value of the object and carry out the procedure for approving the result of the determination. The final decision on the results of the cadastral assessment is made in the executive state body of the constituent entity of the Russian Federation.

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Market and cadastral values: differences

Any house or plot has its own price for which it is bought and sold. This is the market price and is determined individually for each object. Market pricing of real estate is based on the law on appraisal activities.

The cadastral value of real estate is based on a mass appraisal, which experts carry out, following the principle of segmentation and division of objects into groups depending on the type of real estate. And also when carrying out work, the impact of economic reasons for pricing is taken into account.

Naturally, the cadastral value obtained using this method often differs from the market value and the owner may declare disagreement with the result of the assessment. After the repeated procedure, it is possible to change the cadastral value of the object, both upward and downward.

Is there a relationship between market and cadastral prices?

From the current 2020, the market value must be recalculated if it is reduced by 30 percent or more from the date of the cadastral valuation. For this, an unscheduled procedure for assessing the cadastral value is provided. But, the results of the new check cannot exceed the previous ones recorded in the USRN.

Error in cadastral value: how to identify

In Rosreestr, you can get an extract from the Unified State Register of Taxpayers - such a certificate is issued within 3 working days. Property owners can find out the result of the assessment in their personal account on the departmental website.

The cadastral value can be recalculated if the document contains:

erroneous assessment of the condition of the building;
areas are incorrectly specified;
the materials from which the building is built are incorrectly indicated.

The owner can dispute the erroneous cadastral value by requesting clarification from the regional office of the department. The answer usually comes within 30 days.

Correction of an error in the cadastral valuation

To do this, you need to submit an appeal to the MFC. This can be done in person by visiting the institution and submitting documents, or by e-mail.

In the letter, the applicant indicates:

F. AND. ABOUT.;
name of the legal entity;
Address of the object;
cadastral number;
phone number and email for communication.

In the body of the document, the applicant explains the essence and reason for the appeal, and also attaches technical documentation confirming the existence of an error in the cadastral valuation.

Here should be present:

extract from the USRN;
title documentation for the object;
market value assessment report.

The appeal is considered up to two months. But the result will not always please the applicant: recalculation can reduce the cadastral value of the object and the owner will have to contact the commission at Rosreestr.

What does the commission do?

In any case, the Commission will take one of two possible decisions:

Rejects the appeal, justifying his point of view to the owner of the object.
Will make a decision on determining the cadastral value of real estate by market valuation.

The departmental commission makes a decision only in the presence of at least half of the composition by open voting. For a positive decision, 50% of the votes are enough. In case of equality of votes, the decision is made in favor of the property owner. You can dispute the decision of the commission in court.

Have you encountered errors in the cadastral valuation? Write in the comments!

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