A Knowledge Organization System for the Development of an ISO 19152:2012 LADM Valuation Module

Volkan Çağdaş, Abdullah Kara, Ümit Işıkdağ, P.J.M. van Oosterom, Christiaan Lemmen, Erik Stubkjær

    Research output: Chapter in Book/Conference proceedings/Edited volumeConference contributionScientificpeer-review

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    Abstract

    The challenge to develop interactive information services for new domains is supported by Knowledge Organization Systems and Services (KOS), which model the underlying semantic structure of a domain through classification systems, thesauri, gazetteers, or ontologies. The ISO 19152:2012 Land Administration Domain Model (LADM) is an international standard regarding the management of information about ownership, value and use of land. The current version of LADM addresses legal and administrative aspects; the standard revision starts in 2017, according to ISO’s periodic maintenance procedure. A group of researchers have initiated the development of a valuation component of LADM in terms of a draft extension module. It concerns the fiscal parties involved in the valuation practices and fiscal real property units that are the objects of valuation (see Çağdaş et al., 2016). The present paper aims at supporting this initiative by providing a domain vocabulary and thesaurus. The presented Valuation Thesaurus is developed according to the ANSI/NISO Z.39.19-2005 ‘Guidelines for the Construction, Format, and Management of Monolingual Controlled Vocabularies’ and includes terms derived from international valuation standards, such as European Valuation Standards (TEGoVA, 2012), International Valuation Standard (IVSC, 2013), Standard on Mass Appraisal of Real Property (IAAO, 2013a), Standard on Automated Valuation Models (2003), Standard on Ratio Studies (IAAO, 2013b). It is encoded through the Simple Knowledge Organization Systems (SKOS) specifications developed by World Wide Web Consortium (W3C) for standardized representation of structured vocabularies. The Valuation Thesaurus reveals the core semantic of the immovable property valuation domain, and therefore supports the identification of candidate classes, class attributes and relationships for the further elaboration of the mentioned LADM Valuation Module.
    Original languageEnglish
    Title of host publicationProceedings FIG Working Week 2017
    Subtitle of host publicationSurveying the world of tomorrow – From digitalization to augmented reality
    EditorsPekka Halme
    PublisherInternational Federation of Surveyors (FIG)
    Number of pages19
    ISBN (Print)978-87-92853-61-5
    Publication statusPublished - 2017
    EventFIG Working Week 2017 - Helsinki, Finland
    Duration: 29 May 20172 Jun 2017

    Conference

    ConferenceFIG Working Week 2017
    Country/TerritoryFinland
    CityHelsinki
    Period29/05/172/06/17

    Keywords

    • Knowledge Organization Systems
    • Simple Knowledge Organization System (SKOS)
    • 19152:2012 Land Administration Domain Model (LADM)
    • LADM Valuation Module

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