State eyes more cash with review of property rates every five years

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Parliament buildings in Nairobi. FILE PHOTO | NMG

Property rates will be reviewed every five years in changes to the law aimed at ensuring that the State does not lose out on the appreciation of plots.

The changes are contained in the National Rating Bill 2021 and if passed by lawmakers will compel counties to review their valuation roll every five years.

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Note: The results are not exact but very close to the actual.