Lagawe

October 17, 2009 ZONAL VALUATION REVENUE DISTRICT OFFICE NO. 12 LAGAWE, IFUGAO TABLE OF CONTENTS THE EXECUTIVE COMMITTEE THE TECHNICAL COMMITTEE, CONSULTANTS & THE SECRETARIAT THE SUB-TECHNICAL COMMITTEE DEFINITION OF TERMS & CLASSIFICATION LEGEND MUNICIPALITY OF AGUINALDO ALL BARANGAYS BARANGAY AWAYAN BARANGAY BUNHIAN BARANGAY BUTAC BARANGAY BUAG BARANGAY CHALALO BARANGAY DAMAG BARANGAY GALONOGON BARANGAY HALAG BARANGAY ITAB BARANGAY JACMAL BARANGAY MAJLONG BARANGAY MONGGAYANG BARANGAY POSNAAN BARANGAY TA-ANG BARANGAY TALITE BARANGAY UBAO MUNICIPALITY ALFONSO LISTA (POTIA) ALL BARANGAYS BARANGAY BANGAR BARANGAY BUSILAC BARANGAY CALIMAG BARANGAY CALUPAAN BARANGAY CARAGASAN BARANGAY DOLOWOG BARANGAY KILING BARANGAY LAYA BARANGAY LITTLE TADIAN BARANGAY NAMILLANGAN BARANGAY NAMNAMA BARANGAY NGILEB BARANGAY PINTO BARANGAY POBLACION BARANGAY POTIA BARANGAY SAN JOSE BARANGAY SAN JUAN BARANGAY SAN MARCOS BARANGAY SAN QUINTIN BARANGAY SANTA MARIA BARANGAY SANTO DOMINGO (CABICALAN) MUNICIPALITY OF ASIPULO ALL BARANGAYS BARANGAY AMDUNTOG BARANGAY ANTIPOLO BARANGAY CAMANDAG BARANGAY CAWAYAN BARANGAY HALLAP BARANGAY NAMAL BARANGAY NUNGAWA BARANGAY PANUBTUBAN BARANGAY PULA MUNICIPALITY BANAUE ALL BARANGAYS BARANGAY AMGANAD BARANGAY ANABA BARANGAY BALAWIS BARANGAY BANAO BARANGAY BANGALAN BARANGAY BATAD BARANGAY BOCOS BARANGAY CAMBULO BARANGAY DUCLIGAN BARANGAY GOHANG BARANGAY KINAKIN BARANGAY UHAJ BARANGAY POBLACION BARANGAY POITAN BARANGAY PULA BARANGAY SAN FERNANDO BARANGAY TAM-AN BARANGAY VIEW-POINT MUNICIPALITY OF HINGYON ALL BARANGAYS BARANGAY ANAO BARANGAY BANGTINON BARANGAY BITU BARANGAY CABABUYAN BARANGAY MOMPOLIA BARANGAY NAMULDITAN BARANGAY NORTHERN CABABUYAN BARANGAY O-ONG BARANGAY PIWONG BARANGAY POBLACION (HINGYON) BARANGAY UBUAG BARANGAY UMALBONG MUNICIPALITY OF HUNGDUAN ALL BARANGAYS BARANGAY ABATAN BARANGAY BA-ANG BARANGAY BANGBANG BARANGAY BOKIAWAN BARANGAY HAPAO BARANGAY LUBO-ONG BARANGAY MAGGOK BARANGAY NUNGULUNAN BARANGAY POBLACION MUNICIPALITY OF KIANGAN ALL BARANGAYS BARANGAY AMBABAG BARANGAY BANGUINGE BARANGAY BOKIAWAN BARANGAY BOLOG BARANGAY DALLIGAN BARANGAY DUIT BARANGAY HUCAB BARANGAY JULONGAN BARANGAY LINGAY BARANGAY MUNGAYANG BARANGAY NAGACADAN BARANGAY PINDONGAN BARANGAY POBLACION BARANGAY TUPLAC MUNICIPALITY OF LAGAWE ALL BARANGAYS BARANGAY ABNUAN BARANGAY BANGA BARANGAY BOLIWONG BARANGAY BURNAY BARANGAY BUYABUYAN BARANGAY CABA BARANGAY CUDOG BARANGAY DULAO BARANGAY JUCBONG BARANGAY LUTA BARANGAY MONTABIONG BARANGAY OLILICON BARANGAY POBLACION EAST BARANGAY POBLACION NORTH BARANGAY POBLACION SOUTH BARANGAY POBLACION WEST BARANGAY PONGHAL BARANGAY PULLAAN BARANGAY TUNGNGOD BARANGAY TUPAYA MUNICIPALITY OF LAMUT ALL BARANGAYS BARANGAY AMBANA BARANGAY BIMPAL BARANGAY HAPID BARANGAY HOLOWON BARANGAY LAWIG BARANGAY LUCBAN BARANGAY MABATOBATO BARANGAY MAGULON BARANGAY NAYON BARANGAY PANOPDOPAN BARANGAY PAYAWAN BARANGAY PIEZA BARANGAY POBLACION EAST BARANGAY POBLACION WEST BARANGAY PUGOL (IFUGAO RESERVATION) BARANGAY SALAMAGUE BARANGAY SANAFE BARANGAY UMILAG MUNICIPALITY OF MAYOYAO ALL BARANGAYS BARANGAY ADUYONGAN BARANGAY ALIMIT BARANGAY AYANGAN BARANGAY BALANGBANG BARANGAY BANAO BARANGAY BANHAL BARANGAY BATO-ALATBANG BARANGAY BONGAN BARANGAY BUNINAN BARANGAY CHAYA BARANGAY CHUMANG BARANGAY EPENG BARANGAY GUINIHON BARANGAY INWALOY BARANGAY LANGAYAN BARANGAY LIWO BARANGAY MAGA BARANGAY MAGULON BARANGAY MAPAWOY BARANGAY MAYOYAO PROPER BARANGAY MONGOL BARANGAY NALBU BARANGAY NATTUM BARANGAY PALAAD BARANGAY POBLACION BARANGAY TALBOC BARANGAY TULAED MUNICIPALITY OF TINOC ALL BARANGAYS BARANGAY AHIN BARANGAY AP-APID BARANGAY BINABLAYAN BARANGAY DANGGO BARANGAY EHEB BARANGAY GUMHANG BARANGAY IMPUGONG BARANGAY LUHONG BARANGAY TINOC-POBLACION BARANGAY TUKUCAN BARANGAY TULLUDAN BARANGAY WANGWANG CERTAIN GUIDELINES CERTAIN GUIDELINES IN THE IMPLEMENTATION OF ZONAL VALUATION OF REAL PROPERTIES FOR RDO NO. 12-LAGAWE, IFUGAO 1. No zonal value has been prescribed for a particular classification of real property. Where in the approved schedule of zonal values for a particular barangay a.) No zonal value has been prescribed for a particular classification in a particular street/subdivision in a barangay, the zonal value prescribed for the same classification of real property located in the other street/subdivision within the same barangay of similar conditions shall be used; and b.) No zonal value has been prescribed for a particular classification of real property in one barangay, the zonal value prescribed for the same classification of real property located in an adjacent barangay of similar conditions shall be used. 2. Predominant use of property. a.) All real properties, regardless of actual use, located in a street/barangay/zone, the use of which are predominantly commercial shall be classified as "commercial" for purposes of zonal valuation. b.) The predominant use of other classification of properties located in a street/barangay/zone, regardless of actual use shall be considered for purposes of zonal valuation. 3. Zonal values of condominium unit/townhouse: If the title of a particular condominium unit/townhouse is a.) A condominium certificate of title (CCT), the zonal value of the land and the improvements shall be treated as one; or b.) A transfer certificate of title (TCT), the land and improvement shall be given separate values, i.e ., zonal value/gross selling price/fair market value per latest tax declaration whichever is higher and, in the absence of zonal valuation, property shall be valued pursuant to RAMO 2-91. The ground floor of the residential condominium shall be classified as commercial and twenty percent (20%) of the established value shall be added thereto. 4. Areas for Priority Development (APD). These are areas declared as such by existing statutes and pertinent executive issuances (Revenue Regulations No. 17-2001). Second sale of lot identified as located in the APD shall no longer be valued as an APD and shall be treated as an ordinary real property. 5. Zonal value or FMV established in the schedule of values of assessors. The zonal values established herein shall apply in computing all internal revenue taxes ( i.e. , capital gains, creditable withholding, estate, donor's, and documentary stamp taxes) due on sales, exchanges, or other dispositions of real property. Provided, that the same is higher than (1.) the fair market value as shown in the schedule of values of the provincial and city assessors ( i.e. , latest tax declaration) and (2.) the gross selling price as shown in the duly notarized document of sale or exchange at the time of sale or exchange. Provided, however, that the value of property to be used in computing estate and donor's taxes shall be (1) the fair market value as determined by the Commissioner of Internal Revenue ( i.e ., zonal values) or (2) the fair market value as shown in the schedule of values of the Provincial/City/Municipal Assessor, whichever is higher.