Perspectives on Real Estate Finance and Valuation in Botswana

A good land administration system is imperative for a market economy and sustainable development. This book is intended to initiate and prove debate on contentious land administration issues in Botswana. It makes the case for developing effective and efficient regulation of real estate practitioners. There is commentary on valuation of tribal land interests and the complexities pertaining to compensation assessment following expropriation for public purposes. Proposals for reform of local property tax system are expressed. Sources of real estate finance are explored and also an examination of challenges in the development of mortgage markets. The book further presents an examination of the views of Lenders and Valuers on the property valuations for secured lending.