Professional guidance

Red Book

RICS Valuation - Professional Standards (the 'Red Book') contains mandatory rules, best practice guidance and related commentary for all members undertaking asset valuations.

The Red Book is issued by RICS as part of our commitment to promote and support high standards in valuation delivery worldwide. The publication details mandatory practices for RICS members undertaking valuation services. It also offers a useful reference resource for valuation users and other stakeholders.

Although Red Book 2017 is effective from 1 July 2017, the 2014 edition will be available for a short period after that for reference purposes for valuers completing pre-1 July 2017 valuations.

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  • Valuation

    Red Book UK

    Since June 2015 the UK and global portions of the RICS Red Book have been issued separately.

  • Valuation

    Red Book 2017

    The new edition of the Red Book — the RICS Valuation, Global Standards 2017, takes effect from 1 July 2017, the same date as the IVS 2017 published earlier this year.