What is the difference between a Notice of Valuation and an Assessment Notice and how often should I get them?

A Notice of Valuation states the unimproved value of the property. This is sent to the landowner/person in possession only when properties are re-valued. 

An Assessment Notice states the amount of Property Tax to be paid and this is sent annually to the landowner/person in possession. 

How could I find out what value is placed on my property?

The Land Valuation Division issues Notices of Valuation to all landowners advising of the value placed on the property.

Property Tax, sometimes called Land Tax, is the tax levied on a person in possession of land, such as the owner, occupier or mortgagor. The tax is based on the unimproved value of the land.

What is meant by the term “unimproved value”? 

“Unimproved value” sometimes called “land value” or “site value” is the price you would expect to receive if you were only selling the land without improvements, such as buildings or crops. In other words, unimproved value is the value of the “vacant” land.