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News from RICS

Read the latest surveying industry news and keep up with developments within RICS.

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  • Convergence of Standards
    Valuation

    Convergence of Standards

    Two different standards now govern real estate and business valuation transactions in the U.S. For those involving only U.S. actors, the Uniform Standards of Professional Appraisal Practice (USPAP), developed by the congressionally-chartered Appraisal Foundation, holds sway. However, for transactions involving foreign investors, International Valuation Standards (IVS) – created by the International Valuation Standards Council (IVSC) to provide an international, cross-border valuation method – provide guidance.

  • Learn the global approach to measuring space
    Commercial property

    Learn the global approach to measuring space

    The publication of the International Property Measurement Standards (IPMS) created a new globally applicable standard in measurement practices to ensure that property assets are measured in a consistent and more transparent way.