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The aim of this guide is to expand and explain how the Red Book works in practice. It will help surveyors find their way through the standards, appendices and guidance notes and look at some of the more complex issues. Detailing some of the day-to-day questions which arise, the guide is not intended to be an abridged version and should always be read in conjunction with the Red Book.
The first update since 1998, this edition covers advice associated with property transactions in the UK and across all sectors - commercial, residential and rural. The need for an update has arisen out of extensive case law over the last six years, authoritative guidance issued on the Estate Agents Act and the Property Misdescriptions Act.
This edition of the RICS Valuation - Professional Standards (The Red Book) - March 2012 has been revised to reflect the new International Valuation Standards that came into effect 1st January 2012. Its standards include the International Valuation Standards in full.
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This work provides specimen paragraphs suitable for use in a Homebuyer report, and contains the most frequently used phrases and paragraphs for every section. It is only available to purchasers of the CD-ROM.
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