PPRA

PPRA Communique

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 Code of Conduct, property practitioners are prohibited from knowingly or negligently making material misrepresentations concerning the likely market value or

By |2023-09-06T16:43:21+02:00September 6th, 2023|SA Valuer Blog|0 Comments

Property practitioners may not conduct valuations

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 the PPRA with regard to this, stating that agents are neither qualified nor legally allowed to conduct valuations, and are

By |2023-07-17T16:46:39+02:00July 6th, 2023|SA Valuer Blog|0 Comments
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