Detailed description
The expert committee for property values has the legal mandate to maintain a collection of purchase prices within its area of responsibility.
The purchase price database contains structured, evaluated information about contracts for the purchase and exchange of real estate, land, parts of land and rights to land.
The contracts are submitted to the valuation committee by the certifying bodies (usually notaries). Additional information is also requested from the contracting parties.
Information from the purchase price database is not intended for public access and is only available in cases of legitimate interest.
Experts can use comparable prices from the purchase price database to determine value, especially in the comparative value method.