Application of land income theory in urban land valuation for cadastral purposes for the management of municipalities in Ecuador.

Municipalities have the obligation to generate appraisals from the properties for multiple purposes, a process that has predominantly used the comparison method, characterized by excluding the explicit consideration of factors that value the land and submit to the distortions of the land market. Therefore, the project seeks to design and develop a massive valuation system of the urban land, which considers, on the one hand, the set of exogenous factors -given by the structure of the city -, endogenous -propios of the lot -and its interrelations, and on the other, the behavior of such factors due to the mutual interaction with the generation of land income that valunts the property and that in its capitalized form are expressed in its price. It is intended to conceive a system that eliminates market distortions and serves as a basis for the definition of public policies. For this purpose, the generation of a theoretical basis on the formation of the price of urban land and the diagnosis of collective valuation systems in force in the country is expected, which support its design and application in the city of Cuenca - Ecuador. The results will be confronted with the prices given by the market and those in force in the municipality. Finally, the system is expected to be assumed by Ecuadorian municipalities in order to have technical and economically "admissible" land prices that allow to calculate taxes in a fair way and undertake the formulation of public policies aimed at the urban land market.

XVIII UNIVERSITY COMPETITION FOR RESEARCH PROJECTS