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

Rules

Rules for the Property Valuers Profession Amendment, 2022

Annexures

Annexure C.2 : Specific requirements: single residential property assessor and candidate single residential property assessor

1. Academic requirements and prior learning

 

(1) Without derogating from anything contained in the RPVP, and in addition, a person wishing to be registered in terms of this Annexure shall submit written proof—
(a) in the case of a candidate single residential property assessor, that he/ she—
(i) is enrolled for at least two of the following subjects of the (National) Diploma in Real Estate (Property Valuation), namely Property Valuation I; Property Economics and Finance I; Property Practice 1; Law of Property Valuation; and Principles of Property Law; or
(ii) has the relevant prior learning in property valuation (as defined in item 1(1) of Annexure C.1) contemplated in section 20(2)(b)(iii) of the Act; and
(b) in the case of a single residential property assessor, that he/she is in possession of the five subjects referred to in paragraph (a)(i) or any other academic qualification recognized by the council;
(c) the names of the subjects mentioned in subparagraph (i) may be different according to the educational institution offering the valuation programme;
(d) the subject, Law on Property Valuation mentioned in sub-paragraph (i) may be combined with Property Valuation 1; and
(e) the provisions of sub-item (3) of item 1 of Annexure C.1, shall apply with the necessary changes to a person referred to in paragraph (a) (ii) of item 1.

 

(2) The following minimum periods of registration apply to a person registered in terms of this Annexure wishing to be admitted to the examination referred to in paragraph (a) of sub-item (1)—
(a) two years from the date of his/her registration if he/ she was registered without the academic requirement referred to in paragraph (a) of sub-item (1); and
(b) one years from the date of his/her registration or re-registration if he/she was registered with the academic requirement referred to in paragraph (a) of sub-item (1); or

 

(3) subject in general to rule 12, the period of validity of the registration of a candidate single residential property assessor shall be valid for a period of five years from the date of registration.