31/03/2026
๐ผ๐ฃ๐ค๐ฉ๐๐๐ง ๐๐๐ฎ, ๐๐ฃ๐ค๐ฉ๐๐๐ง ๐ก๐๐๐ง๐ฃ๐๐ฃ๐!๐โจ
Under Section 3 (b) of the RESA Law (RA 9646), the Assessor is officially defined as a government official within a Local Government Unit (LGU), such as a city or municipality, who is specifically mandated to perform the appraisal and assessment of real properties, including land, buildings, and even industrial machineries.
Unlike private appraisers who determine market value for sales or loans, the Assessorโs primary responsibility is to establish the property's value essentially for taxation purposes. They are the key figures behind the issuance of Tax Declarations and the determination of the Assessed Value, which serves as the official basis for the Real Property Tax (or Amillar) that owners must pay annually.
By maintaining tax maps and conducting periodic physical surveys, the Assessor ensures that all property improvements are accounted for and that the local government can accurately generate the revenue needed for community development.
At ๐๐๐๐ค ๐๐ง๐ค๐ฅ๐๐ง๐ฉ๐ฎ ๐๐๐จ๐ฉ๐๐ง๐จ, we believe that understanding these government roles is vital for every property owner and investor. While we focus on finding you the best deals and market opportunities, we also provide the "๐๐๐จ๐ฉ๐๐ง ๐๐ฃ๐จ๐๐๐๐ฉ" needed to navigate these legalities, helping you understand how an Assessorโs valuation affects your long-term carrying costs and tax obligations.
Our goal is to ensure you aren't just buying a property, but managing a secure and legally compliant investment.๐ โจ
