PUBLIC NOTICE: UNDER SECTION 29 OF THE VALUATION OF LAND ACT

 

 

"TO ALL PERSONS IN POSSESSION OF RESIDENTIAL LAND, COMMERCIAL LAND, AGRICULTURAL LAND OR ANY COMBINATION OF SAME
 

"This Public Notice is issued pursuant to Section 29 of the Valuation of Land Act, Chap. 58:03 of the Laws of the Republic of Trinidad and Tobago. The Commissioner of Valuations requires that every person in possession of residential land, commercial land, agricultural land or a combination of any of the above (mixed use) in Trinidad and Tobago furnish a Return containing the particulars required by the Commissioner of Valuations on or before 30th November 2021."

"Under Section 32 of the Valuation of Land Act, failure to comply with this requirement constitutes a criminal offense which is punishable by a fine of five thousand dollars ($5,000.00)."

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Our registered valuers and property measurement experts remain committed to assist our clients in meeting their legal obligations through the following services for valuation returns:

​~ Required Photography.
~ Building Floor Plan (International Property Measurement Standards).

~ Inspection as per Valuation Return.

~ Submission to Valuation Division Regional Offices or Municipal Corporations.

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​Services Charges

​Exclusive of submission

-For land only: 300.00TTD

-For properties with building areas of 2,500sf or less: 700.00TTD

-For properties with building areas from more than 2,500sf to 4,000sf: 1,400.00TTD

 

​Inclusive of submission

-For land only: 575.00TTD

-For properties with building areas of 2,500sf or less: 975.00TTD

-For properties with building areas from more than 2,500sf to 4,000sf: 1,675.00TTD

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*sf = square feet.

*Conversion to metric for all floor plans and submissions.
*Deposit of 350.00TTD required for any listed service option.

*Charges for properties with building areas exceeding 4,000 square feet to be calculated upon request.

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