Portal de Caravaca de la Cruz
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The current economic situation has meant that the assets are overvalued compared to its real value
The Municipal People's Party in the city of Caravaca de la Cruz will lead the plenary session on Thursday a motion calling on the Regional Management of Land Registry to make an adjustment of assessed values to the current economic situation.
The previous amendment made with effect January 1, 2007 was based on the values of the purchases made in 2006, so included a large upward deviation from overheating housing market in those years, a deviation from the Cadastre must be corrected according to the current economic situation.
The worst of this situation is that the rateable value has made "false rich" caravaqueñas many families simply because they have a property in addition to your home, such as a piece of land in the garden, blocking access to scholarships or grants Social artificially by exceeding the income limits established by law.
Assessed values are the basis for the calculation of a large number of local taxes, state and local authorities.
In fact joining the Income Tax (PIT) through income from real estate has caused problems for many families because of the overvaluation of their property cadastral remained outside scholarships, pensions, welfare or social assistance.
It has also influenced the large number of errors in property and boundaries that collected the field work, causing thousands of claims with the Land Registry, many of which remain pending.
According to the Cadastre Act must pass at least five years between cadastral and the next update, so the Group Municipal People's Party claims that the new modified values downward into force as soon as possible and no later than January 2012, five years after the previous 2007.
For this to be possible regional management of the Cadastre of the Ministry of Finance must get down to work throughout 2011.
Source: PP Caravaca de la Cruz
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