PROPERTY INTELLIGENCE
primary objective of the guide is to present a system which sets out principles and a model format for reinstatement valuations for insurance purposes which may be understood by all those involved and to ensure standardisation and provide a structured basis for reports . This guide also incorporates international advances in the industry and provides best practice principles to facilitate a better understanding of this subject .
It is mandatory for Professional Quantity Surveyors to be registered with the South African Council for the Quantity Surveying Profession ( SACQSP ). The SACQSP is a statutory body that regulates the quantity surveying profession . Registered quantity surveyors are subject to a mandatory code of conduct to ensure that such registered persons uphold and maintain high standards of professionalism , honesty and integrity .
104 SEPTEMBER 2022 SA Real Estate Investor Magazine