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Deadline for property valuation objections
Deadline for property valuation objections

The Citizen

time21 hours ago

  • Business
  • The Citizen

Deadline for property valuation objections

City of uMhlathuze property owners have until tomorrow (Saturday) to submit their objections to the fourth cycle of the General Valuation Roll. The municipality reminded residents who may have objections not to miss the 21 June deadline. ALSO READ: Home valuations in a shifting market 'We encourage all affected property owners to review their valuations and submit objections, if necessary, before the deadline,' the municipality stated. 'Should you wish to lodge an objection, please make use of the following submission channels: Email: valuations@ or online portal: 'Objection boxes placed at the foyer in the Richards Bay and Empangeni civic centres.' The municipality opened for public inspection the valuation roll for all properties in the city. The valuation of properties is in line with the Municipal Property Rates Act, national legislation that enables a municipality to levy rates on properties in its area of jurisdiction. Many property owners have, however, raised frustrations with the valuation of their properties, with some expressing concerns over incorrect addresses and exorbitant rates increases of up to 50%. While the city noted the concerns raised by residents, CFO Mxolisi Kunene said their assessment indicates increases of up to 27%. 'In terms of the Municipal Property Rates Act (MPRA), property valuations are done every five years. 'Physical inspections are not compulsory, valuations are done on a comparative and analytical tool, aerial photography and computer-assisted appraisals (CAMA) techniques. 'Only properties that have undergone changes require to be physically inspected,' said Kunene. Don't have the ZO app? Download it to your Android or Apple device here: HAVE YOUR SAY Like our Facebook page and follow us on Twitter. For news straight to your phone invite us: WhatsApp – 060 784 2695 Instagram – zululand_observer At Caxton, we employ humans to generate daily fresh news, not AI intervention. Happy reading!

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