Topic: Valorização

Course

Conservation Easements: Legal Principles, Valuation, and Applications

Offered in inglês


Conservation easements play an important role in protecting natural landscapes and sensitive habitats, and in promoting sustainable land use practices. In this course, students will explore the principles, applications, controversies, and implications of this land policy instrument.

The course begins with an introduction and overview of conservation easements, setting the stage to explore their uses in land policy. Throughout the modules, students will also review the legal principles, valuation methods, and federal tax provisions associated with conservation easements, while gaining insights from real-world examples and exploring strategies to address controversial aspects of this tool.

 

Modules

Module 1: Introduction and Overview

Module 2: Conservation Easements as an Instrument of Land Policy

Module 3: Why Are Conservation Easements Important? A Cape Cod, MA, Example

Module 4: Legal Principles of Property Taxation and Conservation Easements, Part I

Module 5: Legal Principles of Property Taxation and Conservation Easements, Part II

Module 6: The Appraisal of Conservation Easements

Module 7: Considerations for Valuing Restricted Land

Module 8: Valuing Land Affected by Conservation Easements: Guidance from Federal Law and Regulations, Part I

Module 9: Valuing Land Affected by Conservation Easements: Guidance from Federal Law and Regulations, Part II

Audience

Policymakers, professionals working in the field of environmental protection, planners, appraisers and valuation experts, lawyers and legal professionals specialized in land use and property law, and property owners interested in learning more about conservation easements.

Learning Goals

After finishing this course, students will be able to:

  • Explain what conservation easements are and their purpose
  • Explain the uses of conservation easements as a land policy instrument
  • Identify different types of easements
  • Identify controversial aspects of conservation easements and propose ways to mitigate them
  • Discuss the effects of conservation easements on property values
  • Identify the federal tax provisions that address conservation easements

Detalhes

Language
inglês
Registration Fee
Free
Educational Credit Type
Lincoln Institute certificate

Palavras-chave

Avaliação, Preservação, Restrições de Preservação, Servidão, Planejamento Ambiental, Uso do Solo, Valor da Terra, Recursos Naturais, Espaço Aberto, Planejamento, Desenvolvimento Sustentável

Lincoln Institute Sessions at the 2023 IAAO Annual Conference

Agosto 29, 2023 - Agosto 30, 2023

Salt Lake City, UT United States

Offered in inglês

The annual conference of the International Association of Assessing Officers (IAAO) offers state and local assessing officials the opportunity to hear varied perspectives on property tax issues from practitioners and valuation experts. This year, the Lincoln Institute will present two sessions on current issues in property tax policy and administration: 

Truth in Taxation – An Alternative to Assessment and Levy Caps 
Tuesday, August 29, 9:30 to 10:30 a.m. 

Utah adopted Truth in Taxation to avoid “silent” tax increases that occur when property values rise and tax rates remain constant. This session will highlight how Truth in Taxation provides a policy alternative to assessment and levy caps, which can undermine equity in property taxation. 

Demonstration of the Lincoln Institute Vertical Equity App
Wednesday, August 30, 1:00–2:30 p.m. 

This session will demonstrate a new app developed by the Lincoln Institute of Land Policy and the Center for Appraisal Research and Technology that calculates several measures of vertical equity for assessments and provides a narrative report to assist the user in their interpretation. 


Detalhes

Date
Agosto 29, 2023 - Agosto 30, 2023
Time
9:30 a.m. - 2:30 p.m.
Location
Salt Palace Convention Center
100 S W Temple Street
Salt Lake City, UT United States
Language
inglês

Palavras-chave

Estimativa, Desenvolvimento Econômico, Valor da Terra, Tributação Base Solo, Temas Legais, Governo Local, Saúde Fiscal Municipal, Tributação Imobiliária, Finanças Públicas, Tributação, Valoração, Tributação de Valores

Eventos

2023 Urban Economics and Public Finance Conference

Maio 18, 2023 - Maio 19, 2023

Cambridge, MA United States

Free, offered in inglês

The economic growth and development of urban areas are closely linked to the fiscal conditions of these places. This research seminar offers a forum for new academic work on the interaction of these two areas. It provides an opportunity for specialists in each area to become better acquainted with recent developments and to explore their potential implications for synergy.


Detalhes

Date
Maio 18, 2023 - Maio 19, 2023
Time
8:30 a.m. - 1:00 p.m.
Location
Lincoln Institute of Land Policy
113 Brattle Street
Cambridge, MA United States
Language
inglês
Registration Fee
Free
Cost
Free

Palavras-chave

Desenvolvimento Econômico, Economia, Habitação, Inequidade, Uso do Solo, Planejamento de Uso do Solo, Valor da Terra, Tributação Imobiliária, Governo Local, Tributação Imobiliária, Finanças Públicas, Ordem Espacial, Tributação, Urbano, Valoração, Tributação de Valores

Solicitação de propostas

Research on Land-Based Financing Approaches for Climate Action

Prazo para submissão: March 23, 2023 at 11:59 PM

The Lincoln Institute of Land Policy invites proposals for original research that examines opportunities for, and challenges with, implementing land-based financing (LBF) instruments, including land value capture, to promote and fund climate adaptation, mitigation, or resiliency measures, with a focus on equity, urban form, and nature-based solutions. The research should help inform practitioners, policy makers, and decision makers.   

The geographic focus of this RFP is global. Proposals will be reviewed competitively according to the weighted evaluation criteria indicated below. Outputs are expected to result in working papers appropriate for publication. 

Research Themes 

The following issues and themes are of interest to the Lincoln Institute, but the list is not exhaustive, and applicants may submit a proposal that addresses other topics or issues. However, the proposal must consider LBF as a tool for climate action by addressing the following: 

  • The necessary enabling conditions for the use of LBF for climate action, including but not limited to, market conditions, public perception of risk, and the pricing of climate risk in land markets 
  • The legal, regulatory, and institutional considerations for using LBF for climate action, including informal or nontraditional forms 
  • The types of climate action, including infrastructure investments and regulatory action, that have the greatest potential for the application of LBF 
  • Temporal considerations for LBF for climate action (e.g., charges for long-term benefits of climate action or the timeframe for realizing land value increments). 
  • Innovative uses of LBF for climate action 
  • The potential nonrevenue-related benefits of LBF for climate action, such as equity 
  • Unintended outcomes (positive or negative) of the approaches, with an emphasis on equity 

Proposals 

Proposals must be submitted online via the web-based application form and must follow the complete RFP guidelines. Proposals submitted by email or mail will not be accepted. Incomplete proposals, proposals received after the due date, or proposals that do not adhere to the format defined in the guidelines will not be accepted.   

Proposals must be submitted in English. The final work produced pursuant to the RFP (if selected for an award) must be in English. 

Evaluation Criteria 

The Lincoln Institute will evaluate proposals based on the following criteria: 

  • The project’s relevance to the RFP’s theme of land-based finance tools for climate action: 35 percent 
  • Rigor of proposed methodology: 25 percent 
  • Potential impact and usefulness of the research for practitioners: 25 percent 
  • Capacity and expertise of the team and relevant analytical and/or practice-based experience: 15 percent 

Detalhes

Prazo para submissão
March 23, 2023 at 11:59 PM

Palavras-chave

Adaptação, Mitigação Climática, Meio Ambiente, Gestão do Crescimento, Infraestrutura, Especulação Fundiário, Uso do Solo, Planejamento de Uso do Solo, Valor da Terra, Tributação Imobiliária, Tributação Base Solo, Governo Local, Saúde Fiscal Municipal, Planejamento, Tributação Imobiliária, Finanças Públicas, Políticas Públicas, Regimes Regulatórios, Resiliência, Tributação, Transporte, Urbano, Desenvolvimento Urbano, Valoração, Recuperação de Mais-Valias, Tributação de Valores, Zonificação

Oportunidades de bolsas

2023 Lincoln Institute Scholars Program

Prazo para submissão: March 31, 2023 at 11:59 PM

This program provides an opportunity for recent PhDs, one to two years post-graduate and specializing in public finance or urban economics, to work with senior academics. 

Lincoln Institute Scholars will be invited to the Institute for a program on May 17–19, 2023, that will include:  

  • presentations by a panel of journal editors on the academic publication process; 
  • a workshop in which senior scholars comment on draft papers written by the Lincoln Institute Scholars; 
  • an opportunity for the Lincoln Institute Scholars to present their research; and 
  • a seminar in which leading scholars in public finance and urban economics present their latest research. 

For information on previous Lincoln Scholars, please visit Lincoln Institute Scholars Program Alumni. 


Detalhes

Prazo para submissão
March 31, 2023 at 11:59 PM

Downloads


Palavras-chave

Economia, Tributação Imobiliária, Finanças Públicas

Oportunidades de bolsas para estudantes graduados

2023 C. Lowell Harriss Dissertation Fellowship Program

Prazo para submissão: March 3, 2023 at 6:00 PM

The Lincoln Institute's C. Lowell Harriss Dissertation Fellowship Program assists PhD students whose research complements the Institute's interest in property valuation and taxation. The program provides an important link between the Institute's educational mission and its research objectives by supporting scholars early in their careers. 

The application deadline is 6:00 p.m. EST on March 3, 2023. 

For information on present and previous fellowship recipients and projects, please visit C. Lowell Harriss Dissertation Fellows, Current and Past


Detalhes

Prazo para submissão
March 3, 2023 at 6:00 PM

Downloads

New Book “Property Tax in Asia” Provides the First Comprehensive Analysis of the Property Tax Across the World’s Largest Continent

By Will Jason, Setembro 7, 2022

 

The property tax has great potential as a source of local government revenue in Asia, but its implementation has been uneven. The Lincoln Institute’s new book Property Tax in Asia: Policy and Practice provides the first comprehensive analysis of how this essential fiscal instrument has performed throughout the world’s largest continent. 

Written by a team of leading experts and edited by William McCluskey, Roy Bahl, and Riël Franzsen, the book provides a comparative analysis and detailed recommendations, with 13 in-depth case studies covering a region that is home to nearly half the world’s population. 

“Our case studies of these 13 countries and regions found that methods to modernize the property tax vary widely among them, including how they capture its advantage as a revenue-raising measure and make it an instrument for rationalizing land use policy and promoting social equity,” the editors write. 

A resource for scholars and policy makers alike, the book provides the most thorough review to date of the laws, administrative practices, reform proposals, technologies, and political debates that shape the property tax across countries of all sizes and income levels.  

The book finds that, in general, wealthier countries such as Japan, Korea, and Singapore have well-functioning property tax systems, although they face challenges—for example, unclear ownership of Japan’s growing number of abandoned homes. In China and Vietnam, which do not allow private ownership of land, local governments rely heavily on one-time land-use fees, which are less reliable and stable than recurrent taxes. In addition, many lower-income countries suffer from narrow tax bases, undervaluation of property, poor compliance, and political challenges. 

To represent roughly 50 countries, the editors selected 13 cases in based on the use of the property tax, innovative administration, use of technology, and history with the property tax. The case studies include all the largest economies in South and East Asia, all jurisdictions with recurrent property taxes of at least 1 percent of GDP, and a range of lower-income countries throughout Asia. The cases include China, Hong Kong, India, Indonesia, Japan, Korea, Malaysia, Pakistan, the Philippines, Singapore, Taiwan, Thailand, and Vietnam. 

Acknowledging that conditions vary widely, the book recommends the following 10 directions for reform: 

  • Develop a property and land tax strategy 
  • Take a comprehensive approach to reform 
  • Clarify the different roles of national, provincial, and local government 
  • Eliminate unnecessary tax exemptions 
  • Simplify the tax rate structure 
  • Rationalize the use of property transfer taxes 
  • Improve the quality of valuations and compliance with statutory revaluation cycles 
  • Improve voluntary compliance with the property tax 
  • Simplify and improve public management 
  • Harness the power of information technology 

Property Tax in Asia: Policy and Practice is the latest in a series of Lincoln Institute books analyzing the property tax in large regions of the globe, including Property Tax in Africa: Status, Challenges, and Prospects (2017) and Property Tax Systems in Latin America and the Caribbean (published in Spanish, 2016). 

 


 

Image: View of Mt. Fuji, Tokyo Tower and crowded buildings in downtown Tokyo. Credit: yongyuan via Getty Images.