The API Membership Policy provides that API Members who undertake valuations and hold one of the following certifications must join the APIV and participate in the Scheme unless exempted by the APIV Board:
- Certified Practising Valuer,
- Certified Practising Valuer (Plant & Machinery), or
- Residential Property Valuer.
Being granted an exemption by the APIV, means you are exempt from joining the APIV scheme as you meet specific exemption requirements. (This exemption is only from participating in the scheme or a specific requirement in the scheme, all API membership obligations must still be met (education, CPD, etc.)).