Tyler Technologies Inc. has signed an agreement with The Commonwealth of the Bahamas, Department of Inland Revenue, Real Property Tax Valuation Unit for data collection and services with Tyler’s CLT Appraisal Services. The project, scheduled for completion in early 2021, includes data collection and entry, as well as valuation services for residential and commercial parcels, the company announced in a press release.
The Commonwealth of the Bahamas is already a Tyler client, having selected its iasWorld appraisal and tax administration software in 2014.
Tyler will collect and verify property data to bring base values up to date for fair and equitable taxation. After the CLT team completes all field work, according to the release, they will enter data into Tyler’s iasWorld CAMA property assessment software, which manages all property data and every phase of the property appraisal process.
“We are pleased to be selected once again to provide appraisal services to The Commonwealth of the Bahamas and bring fair and equitable taxation to its residents,” said Jake Wilson, vice president and general manager of appraisal services for Tyler. “Tyler offers the only national mass appraisal service in the U.S., and we're looking forward to extending that expertise internationally.”
Tyler’s CLT Appraisal Services is the nation’s oldest mass appraisal solution and has been used to appraise nearly 35 million parcels of residential, agricultural, commercial and industrial properties.