Part 4: Valuation technical and performance standards (VPSs)
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This mandatory standard:
applies International Valuation Standard (IVS) IVS 104 Bases of Value
specifies additional mandatory requirements for RICS members
addresses particular aspects of implementation that may arise in individual cases.
1 Bases of value
The valuer must ensure that the basis of value adopted is appropriate for, and consistent with, the purpose of the...