Proceedings
October 17-18, 2019,
Kalisz (Poland)
(Poster)
Evaluation and Securitization Methods for Transfer of Restricted Property and Development Rights (TDR) in Immovables on which Conservation Development Plan has been Implemented
In order for
Conservation of Registered Cultural and Natural Assets in utilization of individual and corporate ownership, a
Conservation Development Plan needs to be implemented by limiting private and
corporate property and development
rights of certain development restrictions, and by limiting the development
rights of partially development restrictions, and it should go hand in hand
with a Basic Transfer Model (three
stages) developed through the help of proposals in line with the legislation.
The first stage, namely
Evaluation sub-model, involves statement of Registered Immovable Assets.
In the second,
Securitization Sub-model, stage, these values are given free exchange (buying
and selling) and circulation facility through a gradual securitization period
first as a Registered Temporary Certificate, then as a Certificate to Bearer.
And the final stage is
Transfer sub-model where rightful owners’ plans and projects prepared based on
value of immovables and in accordance with their desires and cadastral
extracts, are assessed according to the quality of building class.
Keywords: Transfer of Property and Development
Rights, TDR, Conservation Act of Cultural and Natural Assets, Conservation
Development Plan, Urban Conservation and Renewal, City and Regional Planning.
3.44. Kocalar, A.C. (2019-j) Mülkiyet ve İmar Haklarının Değerlendirilmesi ve Menkulleştirmesi / (Property and Development Rights, Evaluation and Securitization), Property in the Space 5 - October 17-18, 2019, Kalisz (Poland) (Poster).