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Revision and Revaluation Appeals

Revaluation and Revision

The terms "Revaluation" and "Revision" have very distinct meaning and application in Irish valuation law. "Revaluation" refers to the carrying out by the Valuation Office of a new valuation of every relevant property in a particular rating authority area. The legal provisions which govern this are set out in Part 5 of the Valuation Act 2001. Essentially, the process commences when the Commissioner of Valuation makes a statutory order and the process results in the publication of a list containing the valuations of all properties therein.

"Revision", on the other hand, is the means through which the valuation of a particular property may be assessed between revaluations of the entire rating authority area in which that property is located. The legislation governing revision of valuations is set out in Part 6 of the Valuation Act 2001.

Revaluation

All local authorities are being revalued under a National Revaluation Programme which is well underway. To date, revaluation has been completed in Dublin City Council, Fingal, Dún Laoghaire-Rathdown, South Dublin, Limerick City and County and Waterford City and County rating authority areas. The next stage of the programme, currently underway will result in the revaluation of commercial and industrial properties in Carlow, Kildare, Kilkenny, Leitrim, Longford, Offaly, Roscommon, Sligo, South Dublin and Westmeath County Councils.

For detailed information regarding making appeals to the Tribunal in relation to Revaluation, click here.

Revision

"Revision" is the means through which the valuation of a particular property may be assessed between Revaluations of the entire rating authority area in which that property is located. The legislation governing revision of valuations is set out in Part 6 of the Valuation Act 2001.

An occupier of a property, an interest holder in that property, or the Local Authority in whose rating authority area the particular property is located may make an application to the Commissioner of Valuation to have the valuation of a property revised. An application for Revision may result in a valuation increasing, decreasing or remaining the same. There are very specific grounds to be met, set out in legislation, before a valuation may be revised.

For detailed information regarding making appeals to the Tribunal in relation to Revision, click here. 

Process leading up to the making of an appeal to the Valuation Tribunal 

As the legislation presently stands the procedure in relation to the revaluation/revision of a property entails a draft valuation certificate being issued to a property owner or occupier of a property some six months prior to the issue of the formal valuation certificate.  If the property owner disagrees with the valuation, they may initiate a representations stage with the Valuation Office. 

The final valuation certificates usually issue at year end.  Once issued, if the property owner is unhappy with the valuation, an appeal can be made to the Valuation Tribunal within twenty eight days from the issue of a final valuation certificate.

The Valuation Office Website is a very informative tool in relation to Revision and Revaluation.

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