RICS valuation [electronic resource] professional standards, incorporating the International Valuation Standards Portugese translation
RICS valuation professional standards, incorporating the International Valuation Standards Portugese translation [electronic resource]
- London RICS 2012
- RICS Guidance Note RICS Valuation Standards RICS Red Book .
The purpose of the RICS standards is to provide users of valuation services with confidence that a valuation provided by an RICS qualified valuer has been undertaken in compliance with the highest professional standards. It also assures users that the valuation is independent, objective and consistent with internationally recognised standards set by the International Valuation Standards Council. These standards set out procedural rules and guidance for valuers within the RICS Rules of Conduct. They also set a framework for best practice in the execution and delivery of valuations for different purposes but do not instruct valuers on how to value in individual cases. There is a mandatory obligation placed on the individual valuer or firm registered for regulation by RICS to follow these standards and an effective sanction if there is a material breach. The RICS standards in this edition come into effect on 30 March 2012 and apply where the valuation date is on or after that day.
RICS VALUATION STANDARDS
International
The purpose of the RICS standards is to provide users of valuation services with confidence that a valuation provided by an RICS qualified valuer has been undertaken in compliance with the highest professional standards. It also assures users that the valuation is independent, objective and consistent with internationally recognised standards set by the International Valuation Standards Council. These standards set out procedural rules and guidance for valuers within the RICS Rules of Conduct. They also set a framework for best practice in the execution and delivery of valuations for different purposes but do not instruct valuers on how to value in individual cases. There is a mandatory obligation placed on the individual valuer or firm registered for regulation by RICS to follow these standards and an effective sanction if there is a material breach. The RICS standards in this edition come into effect on 30 March 2012 and apply where the valuation date is on or after that day.
RICS VALUATION STANDARDS
International