ArticleLand and development

Maintaining the Valuation List

Residential Property Valuation Methodology Find out more about Residential Property Valuation Methodology and how the File Valuation methodology (706.97 KB) is calculated. Alterations to Properties – The Process Learn more about the process of maintaining the Valuation List as a result of File Current changes (1.41 MB) such as mergers, splits, demolitions, new builds etc. Charitable Exemption In order to qualify for charitable exemption under the Land Valuation and Tax Act 1967 , it is...

Residential Property Valuation Methodology

Find out more about Residential Property Valuation Methodology and how the

Valuation methodologyis calculated.

Alterations to Properties – The Process

Learn more about the process of maintaining the Valuation List as a result of

Current changessuch as mergers, splits, demolitions, new builds etc.

Charitable Exemption

In order to qualify for charitable exemption under the Land Valuation and Tax Act 1967, it is important for the organization to complete and submit a Charitable Exemption Application Form to the Department.

Commercial Property Changes Form

When there have been changes to a commercial property, it is important for the owner or agent to complete and submit a Commercial Property Changes Form to the Department.

Residential Ancillary Areas and Amenities

The ARV is not just about the size of the living accommodation, but also the

Ancillary areas and amenities. Find out more about residential ancillary areas and amenities.

Annotated Residential Survey Plan

View a

digital survey planfor a residential unit. This plan relates to information collected during the site inspection by the Valuation Survey Technician.

Uninhabitable Properties

If a property becomes Uninhabitable because it is a ruin or undergoing major renovations, an inspection from the Department can be requested whilst the property is incapable of beneficial occupation.

*Please see the

Uninhabitable Properties Flyerand

Uninhabitable Property Check List.

Inspection Letter

Prior to an inspection by the Department, the taxpayer will receive written notification in the form of an Inspection Letter. This is all part of the process of maintaining the Valuation List and keeping it up-to-date.

The Proposal Letter

If there is an alteration to the Annual Rental Value following the site inspection, a Proposal Letter is then served on the taxpayer. Learn more about the the

Notice.pdf which is part of the process of maintaining the Valuation List. The Proposal Letter will be sent with the associated brochure for

Residential or

Commercial properties.

Notice of Objection Form

If a taxpayer does not agree with the proposed Annual Rental Value in the Proposal Letter, a Notice of Objection form can be submitted to the Department on the prescribed form within the statutory objection period. Find out how to complete an Objection form and more about the Objection Process.

Objection Process Guidance Notes

Upon receipt of a valid Notice of Objection, the Department will acknowledge receipt of the Objection and provide the taxpayer a copy of the Objection Process Guidance Notes. Learn more about objections to Annual Rental Values and the Objection process.

Employee Handbooks

The

Maintenance of the Valuation List Reference Guide and

Property Valuation Inspector Handbook contains the comprehensive procedures for the maintenance of the Valuation List.


  1. Land Valuation Online Search
  2. Land Valuation and Tax Act 1967
  3. Important information on your New Annual Rental Value
  4. Land Valuation and Tax Amendment Act 2015 Synopsis
  5. Land Valuation frequently asked questions
  6. Land Valuation Policies Publications and Services
Source: gov.bm/articles/maintaining-valuation-list
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