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

3.0 Rental Valuations
Purchase cart Previous page Return to chapter overview Next page

 

Gross Annual Rental (GAR)

Tariff

Up to R15 000

R270 per R1 000 of GAR

R15 000 to R50 000

R4 050 plus R30 per R1 000 of GAR over R15 000

Over R50 000

R5 100 plus R7.50 per R1 000 of GAR over R50 000

 

NOTES:

 

1. In addition to the above tariff a fee based on the rate set out in 2.1 may be charged for necessary investigations and research.

 

2. The fee per rental determination should not be less than R1 600.

 

3. Any additional work done at the time of valuation on instruction of the client to establish future rentals should be charged at the rate set out in 2.1.