City to revalue looted properties
The City realises the impact that the recent looting incidents have on already struggling property owners. It urges its customers to approach CoJ to have their damaged properties revalued.
The Municipal Property Rates Act allows for such to take place. A supplementary valuation can be done with effect from the date of occurrence. This will be done under Sect 78 (1)(d) (value substantially increased or decreased) of the Municipal Property Rates Act.
The damaged building will be valued taking into consideration the extent of the damage done, including how long it might take to repair as well as the cost to repair, which can be obtained with assistance of the owner. It should be noted that the damages referred to must be to the structure of the building.
An inspection would be done by valuation staff to establish the extent of the damage and the cost to repair. Once repairs have been completed, the property will be revalued again.
Customers may email valuationenquiries@joburg.org.za or dial 011 407-6622 or 011 407-6597 for more information.
Once completed, the application form may be emailed to valuationenquiries@joburg.org.za with the following supporting documentation:
• Damage report for the cost of the repairs to the structure of the building; and
• Time frame for completion of repairs to the structure of the building.
Issued by:
Group Finance
City of Joburg