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Joburg property owners must check municipal valuations

Joburg property owners are urged to check the values of their properties from February 20, when the general valuation roll opens to the public.

The valuations, which affect some 880 000 owners, determine the monthly rates levied.

Property owners have 45 days - until April 6 - in which to lodge their appeals if they feel their property values are too high or too low.

"Property owners within the boundaries of the Joburg metro have the right to inspect the general valuation roll and object to either an entry, or against an omission from the roll," said the member of the mayoral committee for finance, Funzela Ngobeni.

Once the roll has been finalised, objections will only be allowed through. Every property value is linked to its market value, which is a determinant of the rates payable by each owner, he said.

The valuation roll will be valid for four years and customers' rates will be calculated on the same value for that period unless changes have been made that may affect the property's value.

"A general valuation roll forms the basis for the levying of property rates. Owners who want to dispute the value of their properties should complete objection forms and attach supportive documents," said Ngobeni.

Read more: Joburg property owners must check municipal valuations

 
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