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2015 Canadian Jurisdictional Applications of Valuation Standards, 1st edition

2015 Canadian Jurisdictional Applications of Valuation Standards, 1st edition

This guidance note is intended to assist RICS members who are also AIC members in ensuring that a valuation report that is compliant with Canadian Uniform Standards of Professional Appraisal Practice (CUSPAP) is also compliant with the RICS Valuation – Professional Standards (the Red Book).

The guidance note covers:

  • the purpose of the document
  • terminology in CUSPAP and Red Book
  • compliance
  • issues such as Canadian provincial licensing, privacy legislation, and appraisal/review/consulting/reserve fund planning standards.