What standards must be followed during a property valuation?

Every Valuer must perform their work in accordance with the standards stipulated in the Real Property Valuation Book issued by the DLD. This book contains the mandatory benchmarks for estimating the market value of real property based on its locatio…

The full explanation

Every Valuer must perform their work in accordance with the standards stipulated in the Real Property Valuation Book issued by the DLD. This book contains the mandatory benchmarks for estimating the market value of real property based on its location and characteristics. Valuers are required to reference this book in their official reports to confirm compliance. This standardisation ensures that valuations are accurate, objective, and transparent for all parties involved in a real estate transaction.

This is general information from the website library. Confirm current rules, fees and property details with the relevant authority before acting.

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