Ormonde Valuation Roll Objections

JOBURG ACCOUNT QUERIES are your service providers to advise you on the Valuation Roll and objections thereto on Ormonde properties.
In early 2018, the Valuation Roll of the COJ will be published for each property and Sectional Title in Ormonde. Every property in Ormonde will be issued with a value and a category. This will determine the Assessment Rate debits in Ormonde 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 Ormonde.
It is therefore important that you request a short opinion where the following questions must be answered in Ormonde:
1. What is the use of the property in Ormonde.
2. What is the category of the property per the Valuation Roll in Ormonde.
3. What do you say is the value of the property as at 1 July 2017 in Ormonde. The following guide lines may be helpful in Ormonde:
3.1 What will your selling price be if you sell the property in Ormonde.
3.2 What were the last selling price of the property and what as the date of sale in Ormonde.
3.3 What were the selling prices of neighboring properties and how do they compare to your properties in Ormonde.
4. Commercial properties in Ormonde are valued on
4.1 comparative sales in Ormonde;
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 ORMONDE ACCOUNT QUERIES can assist you to advise you on your property valuation or refer you to a registered valuator.