Since the APIV Scheme’s expansion in September 2024 to include Desktop Assessments, previously ineligible firms who only conduct Desktop Assessments must now join the APIV Scheme to gain limited liability benefits.

The APIV Scheme protects participating members by providing them with a limited liability scheme that is only available to esteemed professions such as lawyers, accountants, engineers and valuers. The benefit of the APIV Scheme is the ability to cap on an eligible member’s liability in the event a member has a legal claim brought against them.

Who can join the APIV Scheme?

All API members who hold an RPV, CPV, CPV (Residential) or CPV (P&M) certification, who undertake valuations, Desktop Assessments or provide consulting services, must join the APIV Scheme unless you hold an appropriate Exemption from the APIV Scheme.

Employers of members in the APIV Scheme must also join the Scheme to obtain the benefits of this limitation of liability scheme.

Please contact us at [email protected] to check your APIV Membership status, enquire about joining the APIV Scheme, or to apply for an Exemption.