DOérték

DOérték is a Hungarian term that translates to "state value" or "public value" and is primarily used in the context of land ownership and taxation within Hungary. It represents an officially assessed monetary worth of a piece of real estate, determined by the state for various administrative purposes. This valuation is distinct from market value, which is determined by supply and demand in the real estate market.

The primary function of DOérték is as a basis for calculating property taxes and other land-related fees. When a property is sold, transferred, inherited, or subject to other legal transactions involving the state, the DOérték often plays a role in determining associated taxes and duties. It is also used in certain administrative procedures, such as expropriation, where the state may acquire private property for public use, and the DOérték serves as a reference point for compensation.

The methodology for determining DOérték involves specific state regulations and guidelines, often considering factors such as location, size, and type of property. These valuations are periodically reviewed and updated by relevant government authorities. It's important for property owners in Hungary to understand that the DOérték is an administrative figure and may differ significantly from the price they could achieve on the open market.