COST G9 - Modelling Real Property Transactions

Contents of a country’s report on property transactions – The case of Greece

Apostolos Arvanitis, Aris Sismanidis

Meeting of the COST G9 action “Modelling Real Property Transactions”

7th WG and MC meeting, 14th – 16th October 2004 in Riga

ARISTOTLE UNIVERSITY OF THESSALONIKI FACULTY OF ENGINEERING SCHOOL OF RURAL AND SURVEYING ENGINEERINGDEPARTMENT OF CADASTRE, PHOTOGRAMMETRY AND CARTOGRAPHY

COST G9 - Modelling Real Property Transactions

Contents of a country’s report

1. Semantic Approach

2. Cadastre or Registration System

3. Real Property Transactions

4. Important Issues of Real Property Transactions

COST G9 - Modelling Real Property Transactions

1. Semantic Approach

• Institutional and Legal framework

• Property rights

• Ways of acquisition of rights

• Ways of property transfer

COST G9 - Modelling Real Property Transactions

• Concepts/Objects

• Procedures/Relations

• Description/Attributes

2. Cadastre or Registration System

3. Real Property Transactions

UML

Class Diagram

Cadastral Database Construction

• Actors

• Activities

• Procedures

UML

Activity Diagram

Information Exchange

ANALYSIS MODELLING RESULT

COST G9 - Modelling Real Property Transactions

• Duration

• Costs

• Property Value

• Taxation

• Fees and Expenses

4. Important Issues of Real Property Transactions

COST G9 - Modelling Real Property Transactions

Administrative Transactions (In Greece)

• Amalgamation• Land Consolidation• Allotment• Expropriations• Modification of urban plan• Land readjustment• Change of use of real property• Rename of a road • Change of personal elements of a right holder

COST G9 - Modelling Real Property Transactions

Transfer of real property rights (In Greece)

• Sale • Donation• Parental grant • Bequest • Inheritance • Adverse possession • Property exchange• Addition of a floor in existing building• Amalgamation• Subdivision

COST G9 - Modelling Real Property Transactions

Spatial Transactions (In Greece)

• Amalgamation• Land Consolidation• Subdivision• Allotment • Expropriations • Modification of urban plan• Land Readjustment• Formation / Abolition of vertical ownership• Widening or expanding an existing road• Change of the boundaries position• Creation of a new building• Demolition of a building • Correction of errors involving geometrical elements• Formation of a mine

COST G9 - Modelling Real Property Transactions

Main Actors involved in a property transaction

• Right Holders

• Notary

• Lawyer

• Surveyor

• Taxation Office

• Municipality

• Registration System

• Holder of Rights in the unit

• Neighbours

• Real Estate agency

• Bank

• Urban Planning Office

• Other public Authorities

• Cadastral Office or

• System of Transcriptions and Mortgages

Active Passive

COST G9 - Modelling Real Property Transactions

Formal Description of Transactions (COST G9 Model)

• Activity• Remarks• Context

• Actors

• General

• Special

• Trigger• Preconditions• Activities• Variations

• Active

• Passive

• Classes

• Actors

• Activities

• Attributes

 

Emphasize by underlining the:

COST G9 - Modelling Real Property Transactions

3. 3. Modelling the Modelling the CCadastraladastral T Transactionransaction of the: of the:

Sale

Subdivision

1. Model of Greek Cadastre1. Model of Greek Cadastre

2. Formal Description of the Transactions:2. Formal Description of the Transactions:

Sale

Subdivision

Modelling the procedures – The Greek case