The objection period for the General Valuation Roll 2012 (GV 2012) starts today and ends on 30 April 2013.
The City of Cape Town, as part of its commitment to building a Well-run City, has produced the GV 2012 in terms of the Local Government: Municipal Property Rates Act (Act 6 of 2004), national legislation that governs the valuation of properties.
Legislation allows any person to lodge an objection against the valuation of any property on the valuation roll if they believe that the valuation is incorrect.
The GV 2012 has been made available for inspection at 17 public inspection venues across the city. City officials will be available at these venues to assist members of the public who wish to inspect the valuation roll or submit an objection.
An objection must be submitted on the prescribed objection form. The website (www.capetown.gov.za/propertyvaluations) contains instructions for downloading the prescribed objection form. Please note that the prescribed objection form must be completed in full to be considered valid.
An objection must be motivated well. Valuations on the GV 2012 were derived from sales that occurred around the valuation date (1 July 2012) and it is, therefore, best for an objector to motivate his or her objection by using information about sales which occurred around that date.
Information about property sales have been made available on the City’s website and it will also be available at the public inspection venues. Objectors can use this information to identify the properties sold comparable to their own properties and to motivate their objections in this way.
The GV 2012 has a valuation date of 1 July 2012, meaning that the properties are valued at the market rate on that date. Property rates based on the GV 2012 valuations will be billed from 1 July 2013.
Please note that late objections will not be accepted.