再開發事業의 鑑定評價가 組合員의 權利에 미치는 影響에 관한 硏究

Abstract

The redevelopment projects by the cooperative means that the cooperative members provide land and property within their territorial grounds to the cooperative, and, using this as a joint capital, build and sell apartment. The payment for projects expenses, including building expenses, is covered with the profits made from the sales, and the remaining profit is divided among the cooperative members, according to the ratio of each member's investment. During this procedure, they appraisal value of the property at the time of investment, and, based on this appraisal, they determine the amount of investment money for each cooperative members, and by appraising the scheduled sales facility, they determine the price for the apartment sales. Appraisal for redevelopment projects determines the value of the cooperative members, thus acts as a key factor in determining the profit and the expense charge ratio. In this study, it examines the effects of appraisal for redevelopment project on the changes in the member's value, and the main purpose of the study is to find out the most effective appraisal method in protecting the member's value. The first chapter of this study, it develops by explaining the meaning of redevelopment projects, and examines each procedures, especially the field of exchanged value. Then, it explains about the timing and the method of appraisal of redevelopment projects. The second chapter, it talks about the current status and issues of judgement evaluation. It also explains the meaning of the appraisal of previous property, and concerning development profit, a major issue for previous property appraisal , it compares redevelopment projects and public development projects, and proves that one can not exclude development profit in redevelopment projects. Also, concerning the appraisal of previous property, it states that there needs to be some improvement in the current appraisal system. Then, it talks about the problems of the current appraisal method for the appraisal of estate sales facilities. The third chapter, it explains the changes in the member's value according to the changes in the appraisal price for the appraisal of previous property and sales, by providing various example cases. According to the results, for the appraisal of previous property, there was no change in the entire members value, whether the appraisal price went up or down. But for individual member's value, some member's value increased and some decreased, thus making no change in the aggregated amount. Concerning the appraisal of sales price, when the sales prices were raised, the aggregated profit increased thus increasing the profit of the cooperative. But in some cases, the value for individual members decreased. The reason for this is that the sales prices were higher than the distribution price from the profits of the entire cooperative, thus increasing the additional allotment for each individuals. Especially in this chapter, its emphasis is put on examining the best method of appraisal by defining the members who gains and loses profit for each appraisal prices. As a conclusion, the most effective appraisal method, where it resolves all problems and provides with the highest satisfaction rate, is by appraisal the sales prices with the highest possible sales price and expressing the appraisal of previous property by ratio, rather than by pricing.