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

Rules

Rules for the Property Valuers Profession, 2008

Part IV : Registration (Sections 11(b), 20(2), 21(1)(a)(iii) and 23)

8. Candidates prohibited to canvass work

 

(1) A candidate valuer or a candidate single residential property assessor—
(a) may not canvass or solicit property valuation work or advertise his or her professional services; and
(b) shall accept an instruction to perform property valuation work only from a professional ("the instructing professional"), which instruction shall—
(i) be in writing;
(ii) state the name, postal address and registration number of the instructing professional;
(iii) contain the name of the client requiring the property valuation; the registered or other description of the property to be valued; the type of property; and the purpose of the valuation; and
(iv) form part of any resulting valuation report prepared by the candidate valuer or candidate single residential property assessor.

 

(2) The statement of account for services rendered in respect of property valuation work performed as a result of an instruction referred to in subrule (1)(b), shall be issued by and in the name of the instructing professional or his or her practice, and payment thereof shall be made only to him or her or the practice, as the case may be.