Page is available in a more suitable language

Yes

Skip to content

Red Book

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.

Our full directory

Can't see it below? View our full range of guidance

Leasehold

Red Book 2017

The latest of the Red Book — the RICS Valuation, Global Standards 2017, took effect on 1 July 2017.

HIGH RISE, BUILDING, OFFICE, ABSTRACT, RICS, SB, 240118

International Valuation Standards 2017

The International Valuation Standards 2017 forms the key guidance for valuation professionals globally and will underpin consistency, transparency and confidence in valuations.

Application of the RICS Valuation – Professional Standards in Cyprus

This guidance note aims to address several market practices that may differ due to market peculiarities and to clarify potential ‘grey areas’ between the Red Book and the Cyprus law and/or standard practice.

Application of the RICS Valuation Professional Standards in France

This guide covers mandatory application in France, where professionals must comply with, in addition to French regulations, the Charte de l’Expertise en Evaluation Immobilière, 2012 (the Charter). This is the national valuation standard.

Application of the RICS Valuation Professional Standards in Germany

This guide is for RICS professionals active in Germany. It aims to facilitate application of the RICS valuation standards in Germany and demonstrate how the RICS valuation standards can be applied to German market conditions and the German legal system.

Application of the RICS Valuation - Professional Standards in Greece

Procedures are in place in Greece to have the valuation profession regulated by law in the near future. This guidance note is intended to respond to the new regulatory regime, with the aim of clarifying potential ‘grey areas’ between the Red Book and Greek law.

Application of the RICS Valuation - Professional Standards in Poland

This guidance note provides assistance to our members on the application of the RICS Valuation – Professional Standards January 2014 (the ‘Red Book’) to valuations that have to be provided in compliance with Polish law.

Application of the RICS Valuation Professional Standards in Portugal

This RICS national association valuation standard covers the application of the Red Book in Portugal. It is provided in both English and Portuguese.

Application of the RICS Valuation - Professional Standards in Sweden

This standard will create clear and consistent guidance for both valuation providers and valuation users. It has been prepared primarily for financial reporting purposes, to comply with International Financial Reporting Standard 13 and for reporting to the Sweden Annual Property Index.

National Association Valuation Standards 2014 (Switzerland)

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.

Red Book 2017, Italian translation

La nuova edizione degli Standard globali di valutazione RICS 2017 (Red Book), è entrata in vigore il 1º luglio 2017. Lo stesso vale per gli standard IVS 2017, pubblicati a gennaio dello stesso anno.