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Red Book 2012 exposure draft available

Red Book 2012 exposure draft available

Friday, 23rd December 2011

The exposure draft of the RICS Valuation - Professional Standards (the 'Red Book') has been approved and is now available online.

This exposure draft previews the revisions that will be present for the global section of the 2012 edition of the Red Book and includes the recently published IVS, which will be reproduced as an annex in both electronic and hard copies of the Red Book. Only the valuation standards, their commentary and appendices, and the IVS are in this exposure draft. The existing Red Book remains effective until the end of March 2012, when this edition is expected to be published, although early adoption of the exposure draft is recommended.

RICS members can download it here