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Sender:
Lionel Smith
Date:
Sat, 20 Apr 1996 06:58:50 +0200
Re:
Land Restitution - forwarded

 

I am a newcomer to the Internet service. I sincerely hope what I send you is received and would appreciate an acknowledgment thereof.

I practice in South Africa as a Property Valuer (Chartered Surveyor in UK terminology). I have been involved in valuation for 17 years and am currently Chairman of the South African Institute of Valuers (Cape). In addition, I have been appointed as an assessor for the Land Claims Court.

As you South Africa is proceeding with its land reform programme which is designed to restore land and provide other restitutionary remedies to people dispossessed by radically discriminatory legislation and practice.

I am keen to learn from yourselves and other members of your group who may have been involved in land restitution in other countries. My main area of interest will naturally be in the valuation approach which includes:-

1) Determination of compensation especially in respect of land previously having been expropriated;

2) In determining compensation, taking into account:-

The use to which the property is being put
The History of acquisition
The market value
The value of the investments of those affected
The interest of those affected.

I am sure your group will find these topics interesting and look forward to further discussion.

Kind regards

 

Jerry


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" These messages are all © their authors. Nothing in them constitutes legal advice, to anyone, on any topic, least of all Restitution. Be warned that very few propositions in Restitution command universal agreement, and certainly not this one. Have a nice day! "


     
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