What are the functions of estate surveyor and valuer?

In practice, the functions of estate surveyor and valuer are as follows:.

• Studying the policies guiding the ownership of land resources and their distribution in the society.
• Management and development of landed properties.

What is a valuer or surveyor?

A valuation surveyor carries out valuations on residential, commercial or industrial property, and organises its sale or rent and advises on investment, development and management of properties. They may be called commercial or residential surveyors.

Is a valuer a surveyor?

A mortgage valuation is not a survey for the buyer’s benefit. A mortgage valuation is a particular type of assessment a lender carries out to validate a mortgage. It is entirely in the lender’s interest, carried out to assess the lender’s risk exposure.

What does valuer mean?

noun. a person who assesses the monetary worth of a work of art, jewel, house, etc; appraiser.

What are the roles of Estate Surveyors and Valuers?

As members of the three (3) arms of government have various roles they play and perform in attaining better wellbeing and living standards for the people, so also does the Estate Surveyors and Valuers, whose roles and duties in the society cannot be overlooked or ignored.

Do you have to be a surveyor to do a valuation?

This is not true and demonstrates a real lack of understanding about the way surveyors work. Surveyors provide valuation services across many asset classes and the RICS requires that they work to the highest standards that is underpinned by the mandatory regulatory scheme, Valuer Registration. It is not simply that they are Chartered Surveyors.

Who are the estate surveyors and Valuers Registration Board of Nigeria?

This legislation established Estate Surveyors and Valuers Registration Board of Nigeria (ESVARBON) as the regulatory body for the profession. Securing the establishment and maintenance of a register of persons entitled to practice as Estate Surveyors and Valuers and the publication of the lists of such persons

Do you need to register as a surveyor?

Surveyors provide valuation services across many asset classes and the RICS requires that they work to the highest standards that is underpinned by the mandatory regulatory scheme, Valuer Registration. It is not simply that they are Chartered Surveyors. Now they must also be Registered Valuers.