Property Valuers Profession Act, 2000 (Act No. 47 of 2000)

Board Notices

Guideline Professional Fees determined in terms of section 35(2) of the Act

2.0 Time Charge
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2.1The guideline charges per hour, or part thereof, are as follows:

 

2.1.1

Professional Valuer

 

With more than 10 years experience

 

With less than 10 years experience

 

 

 

R1 600

 

R1 300

2.1.2

Professional Associated Valuer

 

With more than 10 years experience

 

With less than 10 years experience

 

 

 

R1 300

 

R1 100

2.1.3

Candidate Valuer

 

With  a recognised academic qualification:

 

Without a recognised academic qualification:

 

More than 3 years practical experience

 

1-3  years practical experience:

 

 

 

R   650

 

 

 

R   550

 

R   450

 

2.2 ALTERNATIVE TO AD VALOREM TARIFF

 

A registered person may charge for a valuation at the fee as set out in 2.1, provided that the resultant fee should not be less than the fee calculated in terms of 1.1.

 

2.3 ADDITIONAL TO AD VALOREM TARIFF

 

For market research, Deeds Office searches or other investigations, a registered person may charge an additional fee based on the rate set out in 2.1.