HOTLINE: 612-9700 option 7
Property Tax HOTLINE: 612-9700 option 7

Valuation Return Form

Downloadable Version

You may download a PDF version of the Valuation Return Form (VRF). Alternatively, you can complete the form online (below), print it and deliver to any office of the Valuation Division, by hand in a sealed envelope.


Online Valuation Return Form

Address of property to be valued

List the name of all the owners of the property identified at #1 and outlined on the Deed.

State whether the property is used for residential, commercial, industrial or agricultural. If there is a combination of categories, please state the different types.

(a) If rented -

No of rooms rented should include all rooms such as bedrooms, bathrooms, living rooms, kitchen etc.

State the name of each tenant and the rent payable by each

State the number of rooms that are currently untenanted (unoccupied) but can be rented. State the rental value for each of these rooms.

State the total rent paid.

State whether the tenant pays the land rent. State the rent payable.

(b) If leased

Name of person leasing the property

State the rent payable based on the lease agreement for the property.

State who pays the taxes

State the insurance premium for the identified property.

(c) If occupied by owner or relatives

State the rental value that the property can attract, if it were to be placed in the market for rent

If only part of the property is occupied, state the rental value that part of the property can attract, if it were to be placed on the market for rent

Refers to if the owner has added to the size of the building or reduced the size of the building or made any other significant alterations to the building such as changing the roof, windows etc.

Contact of Property Owner/Agent:
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Explanation of terms for Schedule II

Question 1

Premises – Address of property to be valued

 

Question 2

Name of Owner(s)

List the name of all the owners of the property identified at #1 and outlined on the Deed.

 

Question 3

For what purpose used

State whether the property is used for residential, commercial, industrial or agricultural.  If there is a combination of categories, please state the different types.

 

Question 4

Whether rented, leased or occupied by owner

(a) If rented—

(i) Number of rooms occupied by tenant;

No of rooms of bedrooms

 (ii) Name of tenant(s), with monthly rent payable by each

State the name of each tenant and the rent payable by each

(iii) Number of rooms untenanted, with rental value of each

State the number of rooms that are currently occupied by the owner or vacant.

State the rental value for each of these rooms.

(iv) Rent paid? –

The actual rent paid.

(v) Whether tenant pays land rent of site; if so how much?

State whether the tenant pays the land rent.  State the rent payable.

(b)       If leased-name of lessee:

Name of person leasing the property

Rent reserve under lease

State the rent payable based on the lease agreement for the property.

Whether lessee pays the taxes

State who pays the taxes  

Whether lessee pays premiums of insurance and if so how much?

State the insurance premium for the identified property.

(c)       If occupied by owner or relatives – rental value thereof –

State the rental value that the property can attract, if it were to be placed in the market for rent

If occupied by owner or relatives – part thereof $ –

If only part of the property is occupied, state the rental value that part of the property can attract, if it were to be placed on the market for rent

 

Question 5

Additions or alterations to building (if any) since date of last return.

Refers to if the owner has added to the size of the building, reduced the size of the building or made any other significant alterations to the building such as changing the roof, windows or demolition of the building etc.

 

Residential rate 3% commercial rate 5% industiral rate with building 6% industiral rate without building 3% agriculture rate 1%
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