Municipal Valuation Objections
We have assisted the owners of various residential, commercial, industrial and farm properties in different municipal areas with objections against incorrect municipal valuations and have saved these property owners thousands of rands. Our success rate with municipal valuation objections is very high and our clients are grateful.
It is the responsibility of the local municipality to set up a valuation roll for the properties within its jurisdiction in terms of the Municipal Property Rates Act No 6 of 2004 or as amended from time to time.
A valuation roll remains valid for four to five financial years but can be extended, and must list all properties in the municipal area, determined in terms of the Act.
On behalf of the municipality, a municipal valuer or appointed valuer will follow an open competitive and transparent process in accordance with chapter 11 of the Municipal Finance Management Act.
The municipality will issue an identity card in a prescribed format for identification purposes to the appointed valuer. According to the Act, the appointed valuer will then value all properties in the municipal area determined in terms of the Act. Some valuers might have assistance in the form of data collectors to assist them in obtaining information on properties. These individuals will also have identification cards issued by the local municipality.
A municipal valuer must be a person registered as a professional valuer or professional associated valuer in terms of the Property Valuers Profession Act (Act No 47 of 2000), whereby an assistant valuer also needs to be registered as prescribed by the Act.
A property must be valued in accordance with generally recognised valuation practices, methods and standards, as well as the provisions of the Act. The physical inspection of properties is optional, and comparative, analytical or other systems or techniques may be used. These may include aerial photographs, computer-assisted mass appraisal systems or any other available techniques that have been approved by the municipality.
It has happened in the past that property owners have been unhappy with the outcome of the municipal valuation of their properties. We assisted these owners, who wanted to object against their municipal valuations. Any adjustments or additions to the valuation rolls in terms of sections 51(c), 52(3) or 69 take effect on the effective date of the valuation roll.
Many property owners in South Africa and its neighbouring countries have benefitted from our services, and we strive to continue to do so.
Please call us at 082 255 0253; send us an email at valuers@mweb.co.za; or visit our website at www.propertyvaluersandappraisers.co.za.