Valuation and Property Standards
The Australia and New Zealand Valuation and Property Standards is a joint publication of the Australian Property Institute (API) and the Property Institute of New Zealand (PINZ). The API and PINZ have both enjoyed a long and proud history representing property professionals in Australia and New Zealand.
The API is the successor to the Commonwealth Institute of Valuers, formed in 1926. The Property Institute of New Zealand was formerly the New Zealand Institute of Valuers, established in 1942. The two Institutes today represent the interests of more than 11,000 property specialists throughout Australia and New Zealand.
The joint release of these Property Standards by the API and PINZ reflects the strong working relationship between these Institutes.
The API recognises its role as guardians of the status and standing of the property profession and of its duty to protect and further the public interest. The API also acknowledge that the privileges accorded to professional persons by the community are accompanied by responsibilities to client and community, which cannot be waived.
The API, through its Australian Valuation Standards Committee and Australian Property Standards Committee is currently in the process of converting API & PINZ Valuation Guidance Notes and Real Property Guidance Notes over to Technical Information Papers (TIPs). The conversion process over to TIPs has commenced and the documents are at various stages of review. The documents that have been converted to TIPs and endorsed can be found on the Technical Information Papers page.
It is intended to finalise the conversion of all guidance notes over to TIPs by the middle of the year 2017.
Access the Standards
The Australia and New Zealand Valuation and Property Standards are available online and are fully searchable. Please go to the Australia and New Zealand Valuation and Property Standards site for more information.
Previous versions of the Australia and New Zealand Valuation and Property Standards can be downloaded here.