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Standards
The IVSC’s Tangible Assets Board has recently published a Perspectives Paper: Challenges to Market Value after receiving feedback that in some markets there is an increasing difference between Price and Value. Whilst quantifying this…
Standards
The API Standards Steering Committee has approved an updated version of the Technical Information Paper (TIP) – ANZVTIP 9 Valuations of Rural and Agribusiness Properties to be released as an Exposure Draft for consultation and feedback. The Exposure…
Standards
The API Standards Steering Committee (SSC) has approved the release of a new TIP (ANZTIP14) Considerations when Forming an Opinion of Value when there is a Shortage of Market Transactions which is effective from 1 January 2021 with…
Standards
The API Standards Steering Committee (SSC) has approved the release of a new TIP (ANZTIP13) Valuations for Compensation and Compulsory Acquisition and Resource Pack which is effective from 1 January 2021. This paper is an update to and replaces…
Standards
Developed by a coalition of more than 85 professional organisations, including the API, from around the world, IPMS for All Building Asset Classes aims to establish, for the first time, a globally consistent and transparent…
News
Members must note industry brokers and insurers that the condition of the PII market is currently in a ‘hard market cycle’ (i.e. reduced capacity, conditions are challenging). We understand that this challenging…
Standards
As recently reported in the Australian Property Journal, the United Nations (UN) has formally adopted the International Fire Standards Common Principles (IFSS-CP) as a global standard. The IFSS-CP purpose is…
Standards
The API Standards Steering Committee has approved the release of the following Technical Information Papers (TIPs). 1. Technical Information Paper (ANZVTIP13) – Valuations for Compensation and Compulsory Acquisition and Resource Pack released The API…
News
Following the publication of IVS (effective 31 January 2020), the IVSC Standards Review Board and the IVSC Technical Boards have decided to publish an Agenda Consultation Invitation to Comment paper to consult with stakeholders and other interested parties…
Standards
This advice relates to requests from homeowner(s) for a valuation report that can be used as supporting evidence for an application for the HomeBuilder Scheme Grant. Valuer Members are reminded…
Standards
The API is proud to announce the release of the International Fires Safety Standards: Common Principles (IFSS-CP) document by the International Fires Safety Standards Coalition (IFSSC) on 5 October 2020.…
Standards
The Residential Valuation Industry Group (RVI Group) has conducted a review of V2.2.1 of the ABFI Residential Valuation Standing Instructions (ABFI RVSI), and have released a revised version (V2.2.2) which will come into effect on 4 October 2020 with…