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

Rules

Rules for the Property Valuers Profession Amendment, 2022

Annexures

Annexure B : Assessment of experience in property valuation

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Weights for different types of properties valued for different purposes of property valuation


Expropriation

Insurance

Investments & Financial statements

Land Reform

Mortgage bonds & Security

Municipal Rating and Endowments

Purchase, Sale, Estates and Municipal Objections

Rental determination


01

02

03

04

05

06

07

08

Single residential land

 

01

12

0

8

8

3

1

5

4

General residential land (flats)

 

02

180

0

120

120

45

15

75

60

Single dwellings

 

03

60

5

40

40

15

5

25

20

Blocks of flats

 

04

300

20

200

200

75

25

125

100

Individual single residential units (sectional title & share block)

05

60

5

40

40

15

5

25

20

Sectional title schemes & share block schemes

06

360

20

240

240

90

30

150

120

Timeshare schemes

 

07

480

20

320

320

120

40

200

160

Leasehold

 

08

420

20

280

280

105

35

175

140

Commercial & Office land

 

09

240

0

160

160

60

20

100

80

Commercial & Office buildings

 

10

420

20

280

280

105

35

175

140

Industrial land

 

11

120

0

80

80

30

10

50

40

Industrial buildings

 

12

360

20

240

240

90

30

150

120

Potential township land

 

13

360

0

240

240

90

30

150

120

Partially developed townships

 

14

600

0

400

400

150

50

250

200

Small holdings (Agricultural, Commercial, Industrial and Residential)

15

120

5

80

80

30

10

50

40

Servitudes

 

16

360

0

240

240

0

30

150

120

Land on which mines are situated

 

17

420

20

280

280

105

35

175

140

Farms (including forest land)

 

18

420

10

280

280

105

35

175

140

Special type properties

 

19

420

20

280

280

105

35

175

140

 

[Annexure B substituted by section 2 of Notice No. 408, GG43571, dated 31 July 2020]