The API is systematically reviewing its standards to meet the changing and future needs of Members. The API and our PINZ colleagues in New Zealand have reviewed the feedback and comments received during the consultation period and finalised the updated guidance paper.
The guidance paper is for use by Members including Valuers in relation to the concept of “forced sale” and the issues to be considered when requested to provide their opinion of a ‘forced sale price estimate’. The updated guidance paper ANZVGP 103 Addressing the Concept of Forced Sale is available here.
Any queries, please contact the standards team at [email protected]
Posted on November 30, 2022