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Qualification and Accreditation

By Alex Thomas posted 11-26-2024 01:41 PM

  
Here are the typical qualifications and requirements for Valuers and Technical Experts (Engineers) in the context of property valuation:

 

*Valuer Qualifications:*

 

1. *Professional Degree*: Bachelor's or Master's degree in Real Estate, Valuation, Finance, Accounting, or a related field.

2. *Certifications*: Certified Valuer (CV) or Accredited Valuer (AV) certifications from recognized institutions, such as the Indian Institute of Valuers (IIValuers) or the Royal Institution of Chartered Surveyors (RICS).

3. *Experience*: Minimum 2-5 years of experience in property valuation, with a strong understanding of local market trends and valuation methodologies.

4. *Knowledge*: Familiarity with relevant laws, regulations, and standards, such as the Indian Valuation Standards (IVS) or the International Valuation Standards (IVS).

 

*Technical Experts (Engineers) Qualifications:*

 

1. *Professional Degree*: Bachelor's or Master's degree in Civil Engineering, Structural Engineering, Architecture, or a related field.

2. *Certifications*: Certifications from recognized institutions, such as the Institution of Engineers (IE) or the Indian Institute of Architects (IIA).

3. *Experience*: Minimum 5-10 years of experience in construction, engineering, or architecture, with a strong understanding of building codes, regulations, and technical standards.

4. *Knowledge*: Familiarity with relevant laws, regulations, and standards, such as the National Building Code of India (NBC) or the Indian Standard Codes (IS Codes).

 

*Additional Requirements:*

 

1. *Registration*: Registration with relevant professional bodies, such as the Council of Architecture (COA) or the Institution of Valuers (IOV).

2. *Continuing Professional Development (CPD)*: Completion of regular CPD courses to stay updated with industry developments and best practices.

3. *Professional Indemnity Insurance*: Possession of professional indemnity insurance to protect against potential liabilities.

 

Note that specific requirements may vary depending on the jurisdiction, industry, or employer.
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