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What is FIG Commission 7?


Activities of the International Federation of Surveyors Commission
International Federation of Surveyors are the responsibility of Commission 7 in the International Federation of Surveyors. The Commission considers the needs of both the developed and developing world. The activities of the Commission are equally applicable to systems based on Codified Law, Common Law and Customary Law, and to both market driven and planned economies.
MISSION
To promote international goodwill, cooperation and understanding in issues of cadastre and land management
TERMS OF REFERENCE
- Land Management and administration.
- Cadastral reform, multi-purpose cadastres, parcel-based land information systems and computerisation of cadastral records.
- Cadastral surveying and mapping.
- Land titling, land tenure, land law and land registration.
- Urban and rural land consolidation with emphasis on environmental and economic issues.
- National and international boundaries.
- Land and marine management.
FIG STATEMENT ON THE CADASTRE
- Summary
- Statement on the Cadastre
- Figure 1. The Cadastral Statement
Copies of the Statement can be obtained in eleven languages from the FIG Bureau including English, French, German, Spanish, Latvian and Russian.
THE BOGOR DECLARATION
- Bogor Declaration
- Report of the Bogor Conference, Bogor, Indonesia, March 1996.
FINAL REPORT FOR COMMISSION 7 FOR YEARS 1994-1998
- Final Report
BUSINESS OPERATIONS
For management purposes, it was agreed by Commission 7 that the Chairman should be able to discuss with Dr Paul Laurance (UK), Mr Jurg Edwards (Switzerland) and Mr Tommy Boly (Sweden), any issues affecting the Commission which require a quick decision to be made in cases where the necessary time to correspond with all Commission delegates is not available.

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This is why independent financial advice is key to obtaining impartial & quality advice. Mortgages, home equity loans & equity release schemes require an financial adviser that has fulfilled their FSA qualifications. Companies such as Equity Release Supermarket with a national team of advisers will fit the bill. In today's technology based environment these companies can offer either face to face or telephone based advice as required. If a home appointment is agreed & advice is required, then consider having your children or close friend available at the meeting.

At the meeting the adviser will need to identify themselves as the appointment will involve taking personal data which will lend itself to the adviser providing recommendations. Given the nature of these property transactions & the fact the lender will require adequate security a survey or valuation report will be required. In particular equity release schemes will benefit from this transaction. Lenders will provide a copy of the valuation report to the applicant who can then use it as a negotiating tool for house purchase requirements. Therefore, although an upfront payment is required for the survey, this can easily be recouped by analysing works required & knocking this off the sale price.

However, should the survey report highlight potential weaknesses in the property & structure then a more detailed report maybe required. A homebuyers, or if movement has occured, a full structural survey maybe necessary & will involve great expense at the hands of the applicant. Consideration should be given as to whether to still proceed with such property investment. Dependent of the type of loan will also determine the analysis needed. Lenders providing such finance as an interest only mortgage would require must less stringent requirements than an equity release scheme. Traditional mortgage companies such as Halifax & Abbey who offer such mortgages even provide free valuations on remortgaging from another lender. Therefore, do the research first before committing to any fees for mortgage valuations.

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The cost of care home fees in the UK has risen sharply for many years and those in care as well as their relatives are looking for ways to preserve their estates. paying for care can certainly take its toll on the estate assets, especially when the house has to be sold to pay for the care. Seeking help and advice from an indpendent financial adviser will certainly help you understand what options there are to help fund the care fees.


FIG Commission 7
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Last Modified: 28/02/1999 01:21:43

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