Exposure Draft Valuation Guidance Paper
Considerations when forming an opinion of value when there is a shortage of market transactions - Member Consultation
The API/PINZ Valuation Guidance Paper (VGP) – Considerations when forming an opinion of value when there is a shortage of market transactions has been released as an Exposure Draft.
The purpose of this VGP is to impart advice to Members who provide valuation services during times of and in market segments where there is a shortage of market transactions as at the valuation date. Please click here to access the Exposure Draft.
The Standards Steering Committee (SSC) has approved this release and encourages Members and stakeholders to review the Exposure Draft VGP and invites comment and feedback by no later than Friday 5 September 2020. Should you have any queries, please contact standards@api.org.au.
Posted on August 5, 2020
Related Posts
News
Public Review of Strata Schemes
The NSW Government is extending public consultation on the statutory review of the Strata Schemes Management Act 2015 and Strata Schemes Development Act 2015. The closing date for submissions has…
Standards
IVSC Exposure Draft released – IVS Additional Technical Revisions (2021) - Invitation to provide feedback
The IVSC has recently published targeted revisions to IVS based on feedback received since the release of the IVS effective 31 January 2020. In keeping with its commitment to a…
Member Alert
New Rules of Professional Conduct Effective Date Postponed from 28 February to 4 April 2021
In October 2020, the API announced that the new Rules of Professional Conduct (Rules) would come into effective on 28 February 2021. As a result of recent, important member feedback…
Standards
Exposure Draft open for comment – Valuations of Rural and Agribusiness Properties
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
IVSC Perspectives Paper: Challenges to Market Value
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
Exposure Draft open for comment – Valuations of Rural and Agribusiness Properties
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…