Johannesburg Open Space Valuation Roll Objections

JOBURG ACCOUNT QUERIES are your service providers to advise you on the Valuation Roll and objections thereto on Johannesburg Open Space properties.
In early 2018, the Valuation Roll of the COJ will be published for each property and Sectional Title in Johannesburg Open Space. Every property in Johannesburg Open Space will be issued with a value and a category. This will determine the Assessment Rate debits in Johannesburg Open Space for the next 5 years.
It is therefore important that you make sure about the correct value and category as, often, incorrect debits can not be retrospectively corrected in Johannesburg Open Space.
It is therefore important that you request a short opinion where the following questions must be answered in Johannesburg Open Space:
1. What is the use of the property in Johannesburg Open Space.
2. What is the category of the property per the Valuation Roll in Johannesburg Open Space.
3. What do you say is the value of the property as at 1 July 2017 in Johannesburg Open Space. The following guide lines may be helpful in Johannesburg Open Space:
3.1 What will your selling price be if you sell the property in Johannesburg Open Space.
3.2 What were the last selling price of the property and what as the date of sale in Johannesburg Open Space.
3.3 What were the selling prices of neighboring properties and how do they compare to your properties in Johannesburg Open Space.
4. Commercial properties in Johannesburg Open Space are valued on
4.1 comparative sales in Johannesburg Open Space;
4.2 rental income, less maintenance costs, agents commission and a factor for vacancy multiplied by a return on capital factor;
4.3 development costs.
The Account Specialists of JOHANNESBURG OPEN SPACE ACCOUNT QUERIES can assist you to advise you on your property valuation or refer you to a registered valuator.