Residential Valuation Standing Instructions

Australian Banking and Finance Industry (ABFI) Residential Valuation Standing Instructions

Version 1.1.4 (September 2016)

Effective from 23 October 2016 changes to the Australian Banking and Finance Industry (ABFI) Residential Valuation Standing Instructions became effective.

The Residential Valuation Industry Group (RVI) has prepared a revised version of the ABFI Residential  Valuation Standing Instructions Version 1.1.4 which will come in effect on 23 October 2016.  The new version provides clarity and includes  a number of changes throughout the document such as the treatment of Vacant Residential Land, Split Contracts for Multiple Residential Developments, Two Dwellings on one Title and Residential Property with Development Potential.  Members are advised to review the entire document to ensure they are aware of all changes that have been made to the Standing Instructions.

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