The valuation of land plays a role especially in inheritances and donations. For tax purposes, the enrichment of the purchaser, i.e. the value of the transferred assets as a whole, is relevant. All relevant legal provisions can be found in the Valuation Act (BewG), whereby the Inheritance and Gift Tax Act (ErbStG) always refers to its standards.
In order for the BewG to be applied for the valuation of land, real estate must be available in the sense of valuation law. This is the case if one of the facts of § 176 (1) BewG applies, i.e. the economic good to be evaluated is
This article does not replace tax or legal advice in an individual case. Facts, current law, jurisdiction, documentation and implementation remain decisive.