개발신탁수익권의 가치평가 필요성

개발신탁수익권의 경제적 가치와 평가 필요성을 검토했다.

The right of trust benefits had not been considered as a type of property rights due to lack of a legal basis, However, the implementation of the Trust Act made clear of its use. In addition, the enforcement of “Estate/bond of collateral law” not only used real estate as collateral but also other property rights as collateral in order to raise necessary funds.

Major study objects are i) comprehending economic benefits by estimating the volume of issued the right of trust benefits for development projects, ii) a change in the valuation of the right of trust benefits in development projects, iii) clarify that the right of trust benefits in development projects should be appraised, iv) clarify that appraisal subject of the right of trust benefits in development projects by following the precedents.

As a result i) the court clearly announced that appraisal business operators are the principal appraisal subject for “Appraisal”, ii) the right of trust benefits in development projects is clearly a legal right in real estate, iii) the law precisely states that the right of trust benefits in development projects are objects for provision of collateral, iv) presented issuance scale for the right of trust benefits in development projects has a high advantage in terms of marketablility, v) according to “Public Announcement for Real Estate Value and Appraisal Law”, it is resonable to state that the appraisal business operator is the appraisal subject for appraising the right of trust benefits in development projects.