What is a Supplementary Valuation Roll and how does it affect me?
1. What is a Supplementary Valuation Roll?
A Supplementary Valuation roll is compiled to update the "Main" Valuation Roll. The aim of it, is to correct errors, omissions, sub divisions, consolidations, rezoning, township development, building alterations, the construction of new buildings and any other factors that may change or affect the value of a property, subsequent to the compilation and publication of the "Main" Valuation Roll.
2. Will the Supplementary Valuation Roll contain all properties within a municipality?
NO, the Supplementary Valuation Roll will only reflect those properties that were re-valued subsequent to the "Main" Valuation Roll having been published.
3. If my property does not appear on the Supplementary Valuation Roll, am I entitled to lodge an objection?
In the opinion of Rates Watch we believe that it is possible. The Act does make specific provision for the Municipal Valuer to make a supplementary valuation under certain conditions.
4. If I did not object to my property valuation listed in the "Main" Valuation Roll, can I still lodge an objection to the Supplementary Valuation roll?
In the opinion of Rates Watch, subject to the correct procedures being followed and provided the objection criteria of the Act have been met, an objection can be lodged.Alternatively, a request can be submitted to the municipality to make a supplementary valuation. This request is similar to an objection and must be properly motivated. Rates Watch is geared to assist you with this application.
5. How do I go about establishing whether I have grounds for a supplementary valuation to be made in terms of the Act?
Rates Watch recommends that you contact them and apply for a valuation screening, to determine whether your property was substantially incorrectly valued. If the screening result shows that you have a case, then Rates Watch will submit an application on your behalf.
6. From what date will the lower rates on an incorrectly valued property be payable?
If an application is successful, the reduced rates will only become applicable from the effective date of the Supplementary Valuation Roll reflecting the amended value.
7. Will Rates Watch lodge an objection if there is no chance of success?
NO, Rates Watch will only lodge an objection or apply fo a supplementary valuation, if on a balance of probabilities there is a reasonable prospect of success.
8. Whereto from here?
Have a close look at your municipal valuation and if you are uncertain as to whether your property/ies qualify for a supplementary valuation, apply to Rates Watch for a valuation screening. The Rates Watch team will analyse the municipal valuation and establish whether there are indeed grounds for a supplementary valuation.