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

Notices

Publication of Fees and Charges for South African Council for the Property Valuers Profession: Act No. 47 of 2000: Section 12(1): Effective 1 April 2023 until 31 March 2024

Notice No. 1755 of 2023

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Notice No. 1755

21 April 2023

GG 48449

 

Department of Public Works and Infrastructure

 

1. Application Fee (VAT Inclusive and Non-refundable)
(a) R1 490 for all registration categories, i.e., Professional Valuer (Pr Val), Professional Associated Valuer (Pr AVal), Candidate Valuer (Ca Val), and Single Residential Property Assessor as well as Candidate Single Residential Property Assessor ("CSRPA” and “SRPA”);
(b) Additional R1 070 for all International/ Foreign registrations-All categories of registration; and
(c) Recognised Prior Learning (RPL) ito S 12(1)(i) of the PVP Act R19 245
(d) R7 500 for a new Specified category, e.g., Plant and Equipment (PE), Municipal Property Assessor (MPA) when registration for these opens.

 

2. Registration Fee (VAT Inclusive)

(a)

Professional Valuer

R2 935 (50% non-refundable)

(b)

Professional Associated Valuer

R2 820 (50% non-refundable)

(c)

Candidate Valuer

R1 350 (50% non-refundable)

(d)

Candidate Single Residential Property Assessor <5 yrs)

R1 350 (50% non-refundable)

(e)

Single Residential Property Assessor and Spec Cat

R2 820 (50% non-refundable)

(f)

International Professional Valuer

R4 000 (50% non-refundable)

(g)

International Professional Associated

R3 885 (50% non-refundable)

(h)

International Professional Valuer

R2 420 (50% non-refundable)

 

3. Annual Fee (VAT inclusive, Non Refundable (Neither as a whole nor in part)

 

Registration Category

Fee payable

Professional Valuers

R4 487

Pr Associated Val and SRPA

R4 145

Ca Val registered > 5 years

R3 879

Ca Val registered < 5 years

R 1 442

All Octogenarians

R    897

International Professionals

R4 487

International Professionals

R1 442

 

TO NOTE: Registration will be suspended if no payment is received by 31 December 2023 and registration will be cancelled if no payment is received by 31 March 2024.

 

4. Examination & Supplementary Examination Fee (VAT Incl- 50% refundable till 14 days before exam)

(a)

Professional Valuer

R 3 587

(b)

Professional Associated Valuer and SRPA

R 3 318

 

5. Other Applicable Fees and Charges

(a)

Administration Fee (Re-Registration)

R  1 095

(b)

Appeal-Disciplinary hearing (Section 12(1)(i)) of the PVP Act

R15 000

(c)

Appeal (S 25(1) of the PVP Act

R  9 500

(d)

Assessing Application ito, PAIA & Furnishing Reasons

R  2 500 basic charge plus R50 per page

(e)

Audio recording

No transcript; on either CD/ USB

(f)

Duplicate hard copy certificate

R     345

(g)

Letter of Good Standing

R     300

(h)

Invigilating (not online)

R   1 250 Invigilation fee per day

(i)

Setting of Examination Paper

R   4 446

(j)

Marking of Scripts - per script

R      300

(k)

Moderation of Scripts - per script

R      150

(l)

Examination Refresher session: In person

R  1 710

(m)

Practical Examination and Interview (SRPA)

R  3 053

(n)

Practical Work school

4 to 5 day Attendance

3 days (SRPA)

1 day

Non Registered persons attending Practical WS

 

R   7 550

R   4 000

R   1 800

R   8 550

(o)

Pre exam Workshop

R   1 500

(p)

Remarking of Script

R   1 945

(q)

Viewing of Script

R   3 895

 

Additional Notes

 

1. The Act: Reference is made to the Property Valuers Profession Act, 2000 (Act No. 47 of 2000).

 

2. Application Fee

Fees that are paid by the new applicant when they submit an application to SACPVP for the first time. Proof of payment should be attached to the prescribed application form. It is a non-refundable, once off payment. Once the new applications have been approved, they will proceed to pay the registration fees.

 

3. Registration Fee

Are fees paid by registered persons when they are progressing from one category to another. Once the registered person has passed the professional valuer or professional associated valuer examination. He/she is required to pay the registration fees in order to change the category of registration.

 

4. Annual Fee
4.1 A newly registered candidate valuer is exempt from paying the annual fee for his/her first year of registration. All that is payable is the application fee and the registration fee. Once the applicant has been approved to register with SACPVP, an invoice will be issued for the registration fee in order to be registered as a candidate valuer.
4.2 This is the annual subscription paid by all registered persons. The invoices are emailed on 1st April 2023 is the start of the new financial year. The registered persons has three months to pay their annual fees, ie May, June and July or 90 days. Thereafter, interest will be charged on the amount of the annual fees.

 

5. Validation of CET events and points: Please visit the website: www.sacpvp.co.za

 

6. Posting of Registration certificate and Registration cards. The registered persons or Institutions to arrange the collection thereof.

 

7. Recognised Prior Learning (RPL). Each application will be assessed on its merit and subject to the applicant adhering to a set criteria.

 

 

ND Naidoo

Acting Registrar

South African Council for the Property Valuers Profession (SACPVP)