Green light for new Red Book

Green light for new Red Book - 2002 - RICS Valuation Faculty Update January 2003, 1 RICS Valuation Faculty News 19 December 2002, (2) .

RICS Valuation Faculty have completed a review of the Red Book which will be implemented in May 2003. Entitled 'RICS appraisal and valuation standards' the handbook reduces the size of the standards and makes them available online, reflects on the increasing international status of RICS and adopts and supports international valuation standards as well as clarifying worldwide standards and those specific to practice in a particular state and clarifies between Practice Statements (PS) and Guidance Notes (GN). New valuation requirements also include independence and objectivity www.rics.org/ricscms/bin/show?class=News&template=/includes/shownews.html&id=4498&faculty=Valuation&faculty=All%20Faculties


RICS APPRAISAL AND VALUATION MANUAL
RED BOOK AMENDMENTS
INTERNATIONAL STANDARDS