The API is systematically reviewing its standards to meet the changing and future needs of Members.
The API has undertaken a review of the existing paper, AVGP 301 Assessing Rent and Rent Determinations and produced two new guidance papers; AVGP 301 Rental Advice, which has been out for consultation as an exposure draft since 19 October 2022, and AVGP 304 Rent Determinations which completes the updating and replacing of the existing paper.
The purpose of this Guidance Paper is to provide information, commentary and guidance to Members who are involved in the process of a rent determination of real property. The review has culminated in a new paper for Members including Valuers providing professional services in relation to a rental dispute between a landlord and tenant.
The API is pleased to release the new paper as an Exposure Draft for review and consultation.
Members and interested industry stakeholders are encouraged to provide comments on the exposure draft paper using the webform provided here by no later than Friday 2 December 2022.
Any queries, please contact the standards team at [email protected]
Posted on November 16, 2022