QLDIn ForceAct
Land Valuation Act 2010
sec.26What is the unimproved value of improved land
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### sec.26 What is the unimproved value of improved land
If land is improved, its unimproved value is its expected realisation under a bona fide sale assuming all site improvements and non-site improvements on the land had not been made.
However, the land’s unimproved value is affected by any other relevant provisions of this chapter.
(sec.26-ssec.1) If land is improved, its unimproved value is its expected realisation under a bona fide sale assuming all site improvements and non-site improvements on the land had not been made.
(sec.26-ssec.2) However, the land’s unimproved value is affected by any other relevant provisions of this chapter.