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THE IMPORTANCE OF PROPERTY RATING AND TAXATION IN LOCAL GOVERNMENT ADMINISTRATION IN NIGERIA Chris U. Feud Abstract Property Rating and Taxation is a process of assessing landed properties by qualified
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Property rating is important because it helps assess the value of a property for taxation purposes, insurance coverage, and potential resale value.
Property owners or their authorized representatives are required to file property rating assessments.
Property owners can fill out property rating assessments by providing detailed information about the property's condition, features, and any recent improvements.
The purpose of property rating is to ensure fair and accurate assessments of property value for various financial and legal purposes.
Property owners must report details such as property size, amenities, recent renovations, and any damages or repairs.
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