Builders, property dealers & developers: valuation: negotiated valuation
If a not negotiated valuation is not accepted by the taxpayer, you should ask the District Valuer for a negotiated valuation. If the District Valuer is able to reach agreement with the taxpayer, that agreement will be reported to you and any enquiry or open appeal may be settled accordingly.
If the District Valuer is unable to reach agreement, a valuation will be reported to you that is not agreed. On receipt of that valuation, you should:
- ask the District Valuer to provide you with a ‘defendable on appeal’ report; and
- take the action set out at BIM51615.