1. MASS VALUATION in the REPUBLIC OF MACEDONIA
Darko Crvenkovski, AREC
November 2016

2. AREC Government institution Self-financed institution 916 employees
Regional organization
Local offices – 30
cases 0.02% unsolved by the end of the 2016

3. Cadaster of real estate

4. E-Kat

5. E-Kat Lite XML PDF PAPER e-Kat Lite fully implemented
Over 900 users (notaries, geodetic companies, municipalities, executors, valuators)
65% of the cases come through the electronic cadaster
Close cooperation with the Chambers of notaries, valuators and geodetic companies
XML PDF PAPER
Preparing contract
Deliver paper documents
Physical front desk receival
Scanning
Processing and Registering
Preparing contract
Deliver PDF digital signed
Electronic delivery
Processing and Registering
На овој слајд илустративно е прикажан процесот на автоматзација на работните процеси.
Прциот ред е традиционалниот начин на хартиено припоремање на документит и нивна физилка достава во катастарот.
Вториот ред го претставува електронсиот шалтер, каде се подготвуваат пдф документи дигитално потпишани и електронски се доставуваат за постапување во агенцијата
Третиот ред е иднината каде документите ќе бидат во XML формат и ќе се забрза целиот процес на регистрација на трансакциите.
Preparing contract digitally signed
Electronic delivery and processing
Registering

6. Digitalization of cadaster maps
Scan cadaster plans
Vectorised cadaster plans
MacEdit
Graphic base
еКат
Alphanumeric base
еКат
Graphic and alphanumeric base

7. NSDI Government geo portal

8. AREC One-Stop-Shop-Portal
Registration
Searching/
Buying
Search
Metadata
AREC (2015), OSSP

9. Registry of construction land

10. Cadaster of infrastructure objects

11. Annual property taxes - Current Status
In 1993 a Law was adopted where the property tax started to be charged
In 1994 certain tax on all real estate in the country at the request of value by the owner of the property
In 2005 decentralized system for annual property tax
The municipalities in the country have an obligation to make a reassessment of all property on their territory in order to establish the market value of real estate for the particular taxation year

12. Registration of property
Seller
Buyer
Statement for additional information about the property
Solemnization of agreement
Notary office
Registry of prices and leases
Real estate cadaster
AREC

13. VIP procedure for property registration
Appraisers - perform an assessment of the property and prepare an appraisal report, calculation of the value and advanced payment
Notary - receives funds in a separate account by the parties so it can transfer it to the municipality account, prepares verification of validity (solemnization) contract and a clause for an advanced tax payment.
AREC registers the property (all documents received by a notary shall be forward to the municipality to inspect the payment of the advanced tax, municipality issues tax decision)

14. Mass valuation in Macedonia
Adoption of a new law on REC, April 2013
WB Consultant – action plan
Establishment of the Unit for Register of prices
Adoption of a new law on REC, August 2014
Establishment of the Sector for mass valuation
Experiences from Serbia and Slovenia

15. Stake holders
National Bank of the Republic of Macedonia (EU directives: Basel I, Basel II)
    - Calculation of price index, real estate
    - Monitoring of commercial banks - credit risks mortgages
Statistical Office (EUROSTAT directives)
- calculation of price index, real estate
Reports on real estate market
- Commercial banks
- Investors
- Private appraisers
- General public
Municipalities

16. Scheme at the state level
Municipality 1
Municipality tax authority
AREC
Advisory board
Municipality 2
Municipality….
Central valuation office
Municipality 80 + city of Skopje
Regional valuation office
29 + CREC

17. Forming a sector for mass valuation in AREC
Registry of prices and leases
Valuation model department
Real estate market research Department

18. Scope of work of the sector for mass valuation
DEPARTMENT FOR REGISTRY OF PRICES AND LEASES
- Control of the data in the Registry and the data input by notaries and appraisals
- Collecting data about transactions and additional data about properties
- Records data for transactions on the web GIS portal of AREC
- Field inspections
DEPARTMENT FOR REAL ESTATE MARKET RESERCH
- Preparing reports for other state institutions and private sector
- Analysis for the trend of market and property prices
- Collects additional social economic data for the system of mass valuation
- Control of the data input in the system for mass valuation
DEPARTMENT FOR VAULATION MODELS
- Making models for mass valuation and testing
- Making mass valuation of properties
- Responds on appeals from owners of property
- Value indexing of properties

19. Registry of prices and leases

20. Registry of prices and leases

21. Professional users

22. Transaction by type

23. Transactions by type of property

24. Transactions on month range

25. Future plans Matching data from REC with data of municipalities
Gathering additional data for properties field inspection
Law for mass valuation
Creating value zones
Creating models for mass valuations
Implementation of the system for mass valuation till the end of 2018

26. ВИ БЛАГОДАРАМ
ТHANK YOU
GRACIAS