SUIT Admin

Property owners, prospective purchasers, financial institutions, Accountants and Solicitors, as well as anyone with an interest in property may request valuations but if there is to be any difficulty for the valuer to gain access, that should be discussed prior to instructions.

In short, the term “Due Diligence of a property” can be defined as “a comprehensive investigation into the attributes and both positive potential and risks which a property or a development has”. Due Diligence is more widely considered when a prospective purchaser is considering buying or developing a property and if a Valuer is being

The term “Sworn Valuer” was commonly used in the Independent Property profession in the first half of the 20th century and was enshrined in various Australian State legislation. It related to the swearing in of expert witnesses in court. The states used to regulate the property valuation profession and accordingly a Valuer could not legally

This is the Australian Property Institute which is the main organisational base for Valuers and other independent property advisory professionals in Australia. A google search of the API can provide details of its purpose, membership and activities. This institute had former names including the Australian Institute of Valuers (AIV) and The Australian Institute of Valuers

A Certified Practising Valuer (CPV) is an accredited valuer/members of the API and generally will not sell, buy or manage property. He/She will have undertaken extensive tertiary education studies and training in this field. Real Estate Agents generally, in comparison, will have had minimal valuation training and be more focused in the discipline of selling