It is the responsibility of a candidate valuer and his/her supervisor, recorded and confirmed as such in terms of item 8 to ensure that the candidate valuer gains a sufficient scope, variety, nature and standard of practical experience of work in property valuation by having him/ her exposed to as many of the following as possible:
| (a) | Purposes of property valuation |
| (iii) | investment and financial statements; |
| (iv) | land reform (restitution, development, tenure and redistribution); |
| (v) | mortgage bonds and security; |
| (vi) | municipal rating (mass valuations) and endowments; |
| (vii) | purchase, sale, estate and municipal objection; and |
| (viii) | rental determination. |
| (i) | business property cluster, comprising— |
| (bb) | commercial and office land; |
| (cc) | commercial and office buildings; |
| (dd) | industrial buildings; |
| (ff) | general residential land (flats); |
| (hh) | partially developed townships; |
| (ii) | potential township land; |
| (jj) | sectional title schemes and share block schemes; |
| (kk) | small holdings (commercial and industrial uses); and |
| (ii) | farms or agricultural property cluster, comprising— |
| (aa) | farms (including forests); |
| (bb) | agricultural small holdings; |
| (cc) | land on which mines are situate; and |
| (iii) | single residential property cluster, comprising— |
| (aa) | individual single residential sectional title units; |
| (cc) | single residential land (including land for special type properties); and |
| (dd) | small holdings/ plots; (residential use); |
| (iv) | special type or miscellaneous property cluster, such as museums, public schools, public health facilities and any other properties of a specific or special nature. |
