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

Notes
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THE SOUTH AFRICAN COUNCIL FOR THE PROPERTY VALUERS PROFESSION:

GUIDELINE PROFESSIONAL FEES

 

Effective 01 October 2010

 

 

NOTES:

 

(i) The fees that a registered person may charge include an ad valorem fee, as well as charges for time, travelling, accommodation costs and other actual expenditure.

 

(ii) All valuations must be fully motivated unless specifically otherwise instructed by the client and the time spent drafting such report should be charged in terms of paragraph 2.0.

 

(iii) The fees do not include value added tax or any other tax which may be imposed by the Government.

 

(iv) Registered persons must ensure that their instructions regarding valuations are clearly defined.