ABSTRACT
This research aim at evaluating the effects of property rating practice on property values (a case study of Uyo Local Government Area). The objectives of this study were being examined through the use of descriptive survey design. Questionnaire were been distributed in which eight (80) property owners were selected for the study. Data drawn where presented on tables and analyzed with percentage statistical tool. The study revealed that property rating is an attractive means of financing Uyo local government council. The direct consequence of property rating practice on property values is that it causes an increase in rental value of properties. Therefore it is recommended that the rate Nairage that is used in assessment should be reduced to the bearest minimum amount to encourage the property developers to pay their tax as at when due.
TABLE OF CONTENTS
CHAPTER TITLE PAGE
Cover Page
Title Page – – – – – – – i
Declaration – – – – – – – ii
Approval/Certification – – – – – iii
Dedication – – – – – – – iv
Acknowledgements – – – – – v
Abstract – – – – – – – vii
Table of Contents – – – – – viii
CHAPTER ONE: INTRODUCTION
- Background of the Study – – – – 1
- Statement of the Problem – – – – 5
- Aims and Objective of the Study – – – 5
- Scope of the Study – – – – – 6
- Significance of the Study – – – – 6
- Research Questions – – – – – 6
- The Study Area – – – – – – 7
CHAPTER TWO: REVIEW OF RELATED LITERATURE
2.1 Introduction – – – – – – 9
2.2 Definition of Terms – – – – – 9
2.3 Historical Structure – – – – – – 15
2.4 Summary of Literature – – – – – 29
CHAPTER THREE: RESEARCH METHODOLOGY
3.1 Research Approach – – – – – 31
3.2 Population of the Study – – – – 31
3.3 Procedure – – – – – – – 31
3.4 Data collection Procedure – – – – 32
CHAPTER FOUR: DATA PRESENTATION AND ANALYSIS
4.1 General responses to Question – – – 33
4.2 Data Analysis – – – – – – 33
4.2 Discussion of major Findings – – – – 41
CHAPTER FIVE: SUMMARY AND CONCLUSION
5.1 Summary of Findings – – – – – 43
5.2 Conclusion from the Findings – – – – 44
5.3 Implications of the Findings – – – – 44
5.4 Recommendation- – – – – – 45
References
Appendix
CHAPTER ONE
INTRODUCTION
- Background of the Study
The Urban property rating is potentially an attractive means of financing municipal government in developing countries. As a revenue source, it can provide local government with access to a broad and expanding rating base. In contrast to the mix of intergovernmental grants and indirect rating that now dominate local government revenues. It can also promote broader efficiency objectives linking the provision of municipal service more closely to their financing and rating the consumption of municipal services by the price.
