Roles of Valuation Department

Revenue Generation

This involves the collection of;

  • Stamp Duty
  • Capital Gains Tax
  • Probate
  • Premium
  • Ground Rent
  • Conversion
  • Property Tax (Rating)
  • Asset Disposal
  • Rental for Government Property

Land Acquisition

The Department aids government in valuing land that Government holds interests in and providing a fair market value for compensation purposes.

Functions

  1. Develop and Implement sound policy and legal framework for valuation services.
  2. Develop and implement valuation standards and guidelines
  3. Provide timely and reliable valuation services to Government