Providing clarity and guidance to Valuers
This Valuation Protocol was prepared in response to requests from the lending industry to provide clarity and guidance to Valuers when undertaking valuations in a rapidly changing market. The purpose of the paper is to promote a consistent approach across the industry.
While the paper is primarily aimed at Valuers undertaking mortgage security valuations utilising the PropertyPRO format, the general principles and guidance outlined in this protocol also applies to mortgage valuations of residential and non-residential properties outside of the PropertyPRO Report format.
The following are the Valuation Protocols published by the API in reserve date order.