UNDERSTANDING OF THE PROPERTIES...1

UNDERSTANDING OF THE PROPERTIES FROM INDONESIA STANDARD VALUATION (SPI)

THE FIRST STAGE

Property law is a concept that includes the interests, rights and benefits associated with the ownership. Property consists of ownership rights, which give the owner the right to a certain interest (specific interest) or the amount of interest on what they had. Therefore, we are obliged to consider the draft law of property, which includes everything that is the concept of ownership or the rights and interests of value, shaped objects or not (corporeal or non-corporeal), substantial or not substantial, can be seen or not, that has value exchange rate or the property can be formed.

The type of property itself consists of real property, personal property, corporate bodies, business (business) and the Ownership Rights Financial / financial interest

In the real concept of property, to distinguish between the real estate which is a physical entity such as land and development at the top, with ownership of the concept of law, ownership of a real estate called real property. Understanding of the real property is a right for individuals or agencies have, in the sense that control land with a land rights, for example, property rights or rights to the building following inherent in the development.

Ownership of other interests, other than a real estate (realty) as the personal property with physical objects called personalty. The use of the word property without the additional qualification or explanation can refer to real property, personal property or other types of property such as companies / agencies and business, or a combination of the Ownership Rights Financial / financial interest

Land is a fundamental for life and human existence, to become the centre of attention for experts in law, geography experts, social experts and economists and other experts including the valuer.