Part 4: Valuation technical and performance standards (VPSs)
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This mandatory standard:
applies International Valuation Standard (IVS) 103 Reporting
specifies additional mandatory requirements for RICS members designed to enhance client understanding and use of reports
addresses particular aspects of implementation that may arise in individual cases.
1 General principles
The report must:
clearly and accurately set out the conclusions of the valuation in a manner...