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Application of the RICS Valuation Professional Standards in France 1st edition (English and French languages)

Application of the RICS Valuation Professional Standards in France 1st edition

The Red Book recognises that local statute, or regulation, may have specific requirements that expand the global standards and that such requirements may be the subject of RICS national association valuation standards.

The French RICS Valuation Professional Group has developed this guidance note, which covers mandatory application in France, where members 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.

The guidance note covers:

  • The national context
  • FRPS 1 The Charte de l’Expertise en Evaluation Immobilière
  • FRPS 2 Valuations for special purpose vehicles (SPVs)
  • FRVPGA 1 Weighted lettable areas for retail