<abstract xmlns="http://www.w3.org/1999/xhtml">

<p>Property valuation for compensation of expropriated properties in Zimbabwe has been characterised by inconsistencies for decades. Previous studies have noted that displaced people are dissatisfied with the compensation paid by the expropriating authority. Even though many academic works were done on expropriation and compensation in Zimbabwe, issues surrounding consistency in property valuation practices and fairness of compensation paid remain unresearched. Thus, the purpose of this paper is to close this gap. Data for this study were collected through primary sources (questionnaire surveys to members of the compensation committee, private property valuers, designated property valuers and former commercial farmers) and secondary sources (literature surveys including a review of statutes, official reports, books, journals, and newsletters). Findings reveal that there is inconsistency in property valuation for expropriation, no clear legal definition of what constitutes fair compensation, and that views on the fairness of the compensation paid for expropriated properties in Zimbabwe are divergent. The study suggests that there is a need to review existing expropriation and compensation laws in Zimbabwe to create consistency in practice, thereby improving the fairness in the amount of compensation paid to the displaced person(s).</p>
</abstract>

Property valuation for compensation of expropriated properties in Zimbabwe has been characterised by inconsistencies for decades. Previous studies have noted that displaced people are dissatisfied with the compensation paid by the expropriating authority. Even though many academic works were done on expropriation and compensation in Zimbabwe, issues surrounding consistency in property valuation practices and fairness of compensation paid remain unresearched. Thus, the purpose of this paper is to close this gap. Data for this study were collected through primary sources (questionnaire surveys to members of the compensation committee, private property valuers, designated property valuers and former commercial farmers) and secondary sources (literature surveys including a review of statutes, official reports, books, journals, and newsletters). Findings reveal that there is inconsistency in property valuation for expropriation, no clear legal definition of what constitutes fair compensation, and that views on the fairness of the compensation paid for expropriated properties in Zimbabwe are divergent. The study suggests that there is a need to review existing expropriation and compensation laws in Zimbabwe to create consistency in practice, thereby improving the fairness in the amount of compensation paid to the displaced person(s).

Consistency and Fairness of Property Valuation for Compensation for Land and Improvements in Zimbabwe

Faculty of Engineering, Built Environment and Information Technology

Department of Estate Management and Valuation

Real Estate Management and Valuation

This work is licensed under the Creative Commons Attribution 4.0 International License.

Property valuation for compensation of expropriated properties in Zimbabwe has been characterised by inconsistencies for decades. Previous studies have noted...

Consistency and Fairness of Property Valuation for Compensation for Land and Improvements in Zimbabwe

Pubblicato online: 17 dic 2021

Pagine: 67 - 84

DOI: https://doi.org/10.2478/remav-2021-0030

Parole chiave
compensation, consistency, expropriation, fairness, Zimbabwe

© 2021 Partson Paradza et al., published by Sciendo

This work is licensed under the Creative Commons Attribution 4.0 International License.

Consistency and Fairness of Property Valuation for Compensation for Land and Improvements in Zimbabwe

Pubblicato online: 17 dic 2021

Pagine: 67 - 84

DOI: https://doi.org/10.2478/remav-2021-0030

Parole chiavecompensation, consistency, expropriation, fairness, Zimbabwe

© 2021 Partson Paradza et al., published by Sciendo

This work is licensed under the Creative Commons Attribution 4.0 International License.

Parole chiave
compensation, consistency, expropriation, fairness, Zimbabwe