Land Valuation Number

A Land Valuation Number is a unique identifier assigned to a piece of property for tax assessment purposes in Jamaica and other countries. This number is crucial for determining the value of the land, which in turn influences property taxes, rates, and other financial obligations tied to the property. Assigned by governmental or authorized agencies, the Land Valuation Number is recorded in official databases and appears on documents like tax receipts and land titles. It plays a key role in property transactions, ensuring that each piece of land is correctly assessed and that owners are charged the appropriate taxes based on the land’s current market value.