In terms of the South African Council for the Property Valuers Profession, Act 47 of 2000, a person who wishes to qualify for registration as either a Professional Associated valuer or Professional valuer must: In order to pursue this profession legally, a valuer must be registered with the South African Council for the Property Valuers Profession (SACPVP), a statutory body established in terms of the Property Valuers Profession Act, 2000 (Act Nr 23 of 2000). In summary, a valuer conducts valuations on residential, commercial, business, industrial and agricultural properties for a variety of purposes including sale, purchase, letting and mortgage. In an ever changing economy, property values are never static and therefore a valuer has to continuously research economic trends, because they often have to predict future trends to make a valuation. ![]() Valuations are required for: decision making when buying, selling or expropriating immovable property deceased estates, mortgage bonds levying of rates insurance and investments purposes rental determinations leases servitudes and for many other purposes. and in making these decisions the skilled valuer’s expertise is indispensable. A great many decisions involving immovable property are made daily by individuals, companies, banks, central, provincial and local government, statutory institutions, etc. ![]() Should you contemplate on becoming a valuer it is your responsibility to confirm your career path with the SA Council for the Property Valuers Profession.Ī valuer is a skilled professional person who determines the value of immovable property for various purposes.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |