To ensure that all of our Members are maintaining the highest possible professional standards, we release compulsory modules that must be completed on a prescribed basis.
For more information on each module, check out our Specialisation page.
In 2003, API released our first Risk Management Module as a collective way to manage professional risk and ensure access to Professional Indemnity (PI) Insurance.
All API Certified Practising Valuer (CPV) and Residential Property Valuer (RPV) Members must hold a current RMM Certificate and complete an updated module every three years.
The API adopted the IVS in full in 2007 and API Valuer Members have a mandatory compliance requirement in relation to the standards.
To ensure that our Members are meeting their compliance obligations and have fully absorbed the requirements of any changes to the standards, we release a mandatory training module whenever there are any updates to the standards.
All API Members who perform valuations of residential property must complete the Residential Valuation Standing Instructions Training Module. The Residential Valuation Industry Group periodically releases updates to the Standing Instructions and in response the API develops and releases a new version of the module, which must be completed by our residential valuer Members.
This compulsory module will help Members implement the fundamental principles API Code of Ethics into their professional practice and will also address professional member obligations in the Code of Professional Conduct.
All Members (with the exclusion of Student, Retired and Connect Members) must complete the Module prior to 31 Dec 2020 in order to meet their 2020 CPD obligations.