Property valuation - Part 4: Professional ethics of an appraiser and valuation reporting

2Scope / Description

The EVS 875 series addresses property valuation. Its scope covers activities related to property valuation and the use of valuations, particularly those associated with loan collateral and financial reporting. The series is intended for property valuers, real estate specialists, construction specialists, environmental specialists, financial reporting professionals (accountants and auditors), credit institutions, and higher education institutions. The series establishes a unified framework for property valuation, meeting the needs of both the private and public sectors.
This Estonian standard is part of the "Property Valuation" series and specifies best practices for valuation as well as requirements for valuation outcomes. It defines the professional profile of a valuer, outlines the valuer's code of ethics, and sets out requirements for organizing valuation assignments and reporting valuation results, including requirements for various types of valuation reports. This document is an updated revision of EVS 875-4:2015 "Best Practice in Valuation and Reporting of Valuation Results".