Market and rental valuations/assessments in respect of immovable property The attention of property practitioners is drawn to the following: Duty applicable to all property practitioners: In terms of clause 34.3.1.8 of the PPRA’s
Commercial and industrial property owners across the country are bearing the brunt of unsustainable rates increases, which in turn, is negatively impacting South Africa’s economic growth, says Mark Govender who is based in Cape Town, and a
Why is it important to get your valuation reports from a qualified professional valuer? In the property valuation industry, it is widely recognized that valuation reports should be prepared by qualified professionals. These professionals
South Africa has fewer than 1 500 registered professionals in residential and commercial property valuation, and fewer than 650 valuer candidates; this demonstrates that property valuation is an untapped career path, says real estate property custodian
Can valuation reports influence the market price of a property? Yes, valuation reports can indeed influence the market price of a property. Valuation reports are prepared by professional valuers who assess various factors
Good property valuation reports must flow in a logical, sensible manner that is easily followed by the reader and should be based on a thorough understanding of the property market and the specific property
It is essential to understand that a developer constructs a new sectional title scheme to make as much profit as possible. Developments in low-income areas will inherently result in different materials compared to high-income
Human life depends on the earth as much as the ocean for our sustenance and livelihoods. Plant life provides 80 percent of the human diet, and we rely on agriculture as an important economic
One of the main tools in the sales arsenal of an estate agent is producing market-related property valuations for their clients. However, SAIV (the South African Institute of Valuers) has made strong objections to
