ABSTRACT

Standard 9 covers the following matters: The form of certificate used; The contents of the certificate including: the instructions, time period, identification, of valuation, compliance statement, condition of the property, environmental issues, risk assessment, valuation schedules, the treatment of process plant and machinery, the currency or currencies in which the valuations are to be reported, publication and confidentiality clauses, third party liability, taxation, financial liabilities, model clauses for the Valuation Certificate; Model clauses.