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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29 Aug 2017
Since June 2015 the UK and global portions of the RICS Red Book have been issued separately.
19 Jun 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.
13 Jan 2015
The RICS Switzerland – National Association Valuation Standards are based on the 2014 edition of the Red Book that came into effect on 6 January 2014. It provides local guidance for valuers who are undertaking valuations in Switzerland under the requirements of the Red Book.
© RICS 2018
© RICS 2018