Registers Iceland

Registers Iceland

Iceland Property Registry was established as a government agency in 1976 under the Ministry of Finance. Iceland Property Registry is responsible for valuation of property for taxation purposes as well as the valuation for compulsory domestic fire insurance.

Iceland Property Registry is responsible for collecting, processing, storing and publishing real estate data such as market data, which is used by central and local government institutions, real estate brokers and the financial sector. Iceland Property Registry analyses and publishes data on the real estate market, based on registered property sales data, which have been collected since 1980.

Sale prices and methods of payment from every sale contract are collected into the Land Registry Database and used for the calculation of economic indicators, such as the real estate price index.

Iceland Property Registry created and maintains the Land Registry Database, which is a centralised data collection system and information source for all land and real estate data.


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