The Residential Valuation Industry Group (RVI Group) conducted a review of V4 of the ABFI Residential Valuation Standing Instructions (ABFI RVSI) and have released a revised version (V4.1) which comes into effect on 4 December 2023 with earlier adoption not permitted.
The new version (ABFI RVSI V4.1) includes a number of changes throughout the document to provide clarity and guidance to instructing parties and API Valuer Members in regard to certain scenarios.
Please see RVSI webpage for key changes including examples for valuers contained in the Resources.
A copy of the RVSI V4.1 is available on the RVSI webpage as is the compare version showing changes between V4 and V4.1.
Posted on November 17, 2023