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Introduction

This article examines the legal question of whether a general valuation roll ever ‘closes’, such that no further objections can be lodged to the information contained on it.

Why do we care?

Sometimes property owners (or other interested parties) only discover that a property has been incorrectly over or undervalued, or categorised, for the purposes of a general valuation roll (“GV”), after the next GV has commenced. Colloquially we refer to the first GV as having ‘closed’ when the second one commences, and generally municipalities will not allow objections to the information contained on the GV that has closed. This prohibits owners or other interested parties from correcting errors on a GV that has closed, which could result in the owner suffering financial harm as a result of over-valuations or incorrect categorisations that cannot be corrected.

Read the full article on the Schindlers website: Does a general valuation roll ever close?

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