EPUA SYSTEM
We have EPUA system monitoring the possibility of
inadequate evaluation and managing the risk factors of evaluation in computer.
Appraisal service fee
Fee calculation
Appraisal service fees are defined as the sum of the basic fees and VAT and for non-appraisal services such as consultation, the legal fee table is not applicable.
1. Basic fee calculation
[hana-appraisal-fee contact_url=”/inquiry/”]
– Calculated in accordance with the base fee under “Standards on the Compensation for the Appraisers” of The Ministry of Land, Infrastructure, and Transport’s Public Notice (2016-1220, 2016-09-01)
(1) Fee table
| Appraised Value | Fee Structure |
| KRW 50,000,000 or less | KRW 200,000 |
| More than KRW 50,000,000, KRW 500,000,000 or less | KRW 200,000 + 11/10,000 of excess of KRW 50,000,000 |
| More than KRW 500,000,000, KRW 1,000,000,000 or less | KRW 695,000 + 9/10,000 of excess of KRW 500,000,000 |
| More than KRW 1,000,000,000, KRW 5,000,000,000 or less | KRW 1,145,000 + 8/10,000 of excess of KRW 1,000,000,000 |
| More than KRW 5,000,000,000, KRW 10,000,000,000 or less | KRW 4,345,000 + 7/10,000 of excess of KRW 500,000,000 |
| More than KRW 10,000,000,000, KRW 50,000,000,000 or less | KRW 7,845,000 + 6/10,000 of excess of KRW 10,000,000,000 |
| More than KRW 50,000,000,000, KRW 100,000,000,000 or less | KRW 31,845,000 + 5/10,000 of excess of KRW 50,000,000,000 |
| More than KRW 100,000,000,000, KRW 300,000,000,000 or less | KRW 56,845,000 + 4/10,000 of excess of KRW 100,000,000,000 |
| More than KRW 300,000,000,000, KRW 600,000,000,000 or less | KRW 136,845,000 + 3/10,000 of excess of KRW 300,000,000,000 |
| More than KRW 600,000,000,000, KRW 1,000,000,000,000 or less | KRW 226,845,000 + 2/10,000 of excess of KRW 600,000,000,000 |
| More than KRW 1,000,000,000,000 | KRW 306,845,000 + 1/10,000 of excess of KRW 1,000,000,000,000 |
※ Fee is calculated based on each range of estimated appraisal value
(2) Simple fee table
| Appraised Value | Fee Structure |
| KRW 50,000,000 or less | |
| More than KRW 50,000,000, KRW 500,000,000 or less | appraisal value(amount) × 11 / 10,000 ＋ 145,000 |
| More than KRW 500,000,000, KRW 1,000,000,000 or less | appraisal value(amount) × 9 / 10,000 ＋ 245,000 |
| More than KRW 1,000,000,000, KRW 5,000,000,000 or less | appraisal value(amount) × 8 / 10,000＋ 345,000 |
| More than KRW 5,000,000,000, KRW 10,000,000,000 or less | appraisal value(amount) × 7 / 10,000 ＋ 845,000 |
| More than KRW 10,000,000,000, KRW 50,000,000,000 or less | appraisal value(amount) × 6 / 10,000 ＋ 1,845,000 |
| More than KRW 50,000,000,000, KRW 100,000,000,000 or less | appraisal value(amount) × 5 / 10,000 ＋ 6,845,000 |
| More than KRW 100,000,000,000, KRW 300,000,000,000 or less | appraisal value(amount) × 4 / 10,000 ＋ 16,845,000 |
| More than KRW 300,000,000,000, KRW 600,000,000,000 or less | appraisal value(amount) × 3 / 10,000 ＋ 46,845,000 |
| More than KRW 600,000,000,000, KRW 1,000,000,000,000 or less | appraisal value(amount) × 2 / 10,000 ＋ 106,845,000 |
| More than KRW 1,000,000,000,000 | appraisal value(amount) × 1 / 10,000 ＋ 206,845,000 |
(3) 1.5 times application item when calculating assessment fee
- Evaluation its effective date back to more than 6 months
- Assessment of structure for special use(bridge, dam, dock etc)
- Assessment of forests, trees, seedbed, flower, ornamental plant
- Evaluation of objects located in island areas that can’t be accessed by transportation
- Compensation assessment of factory, industry
- Assessment in disposal price
- Assessment of road, sewer, railroad, cemetery, river, bank and land for those use
- Evaluation of mining, mining right and hot spring
- Assessment of fishery and fishery right(including all sorts of fishery)
- Assessment requested by Land Tribunal for filing objection
- Litigation assessment
- Assessment of land under high-tension wire
2. Actual expenses and VAT etc
The actual expenses are divided into expenses, expenses for issuance of public register, fees for investigation and other expenses
| Actual Expenses |
Determined by the expense table that Korea Association of Property Appraisers suggested and the Minister of Land, Transport and Infrastructure approved. |
| Issue cost of public register |
The cost of issuing the public register, cadastral, parcel map, urban planning details etc necessary for checking whether or not there’s a limit in law shall be calculated by sum of fixed amount of travel cost and revenue stamp. |
| Other actual expenses |
The cost of accompanying work requested by client such as the photographing, lease confirmation, foreign language translation of appraisal report, etc. is calculated at the normal cost. |
※ VAT (10%) is calculated separately and added to the evaluation
