The SAIV presents prizes annually to the best students in various subjects and years of study, and makes available bursaries to select students through the SAIV National Bursary Fund.

National prizes

Redhill-Adkins Prize
Awarded to the student member who obtains the highest aggregate marks in Property Valuation III and Property Economics and Finance III, (DIPLOMA).

E Louis Ellenberger Prizes
Awarded to the three student members at the various technical universities who obtained the highest aggregate marks in three second-year subjects, one of which must be Property Valuation II, (DIPLOMA).

Chris Smal Prize
Awarded to the student who obtains the highest marks in Property and Finance 1. The student need not be a member of the Institute, (DIPLOMA).

Robin Marten Prize Fund
Awarded to the University of Cape Town degree course student with the highest average end-of-year marks for the third (final) year of the BSc. degree in Property Studies and the ensuing year of the BSc. (Hons) degree in Property Studies, subject to a minimum average level of 65%.

In the event of two or more students attaining the same average mark, the student with the highest average marks for the Property Valuation courses within such two-year period will receive the prize.

Branch prizes

The KwaZulu-Natal Branch awards prizes to the best students in the following categories:

• Property Valuation 1 Prize
• Property Valuation 11 Prize
• Property Valuation 111 Prize and CB Richard Ellis Shield
• Property Economics & Finance 111 Absa Trophy
• Annual Property Award is an award given to a person or company who has contributed significantly to the property industry in Natal.

Bursaries

For the SAIV National Bursary Fund application form, click here ( 204 KB)

In terms of Clause 10 of the SAIV Constitution, each Member shall be encouraged to devote time to obtain CET credits. This has also been underlined by the recent requests from the SACPVP with regard to CET credits. Each registered person is expected to fill in a form (also available on this website) reflecting the CET points obtained during the past year, i.e. from 01 April 2007 to 30 March 2008. Find below a list of all the functions provided by the SAIV during this period

The South African Council for the Property Valuers Profession (SACPVP) and Continued Education & Training (CET)

Registration of a professional valuer or a single-residential property assessor will as from 1 April 2007 be for only 5 years, but it will be renewed if the Council is satisfied that the conditions relating to CET have been complied with. See Board Notice 96 of 2006, Fifth Amendment to Rules, which was gazetted on 25 August 2006 (Gazette No. 29133). These conditions have now been finalized by the Council.

The SAIV will continue with its work in education and all other aspects in conjunction with the SACPVP.

The SACPVP has indicated that they are prepared to accept certified letters from the SAIV which indicate the number of CET Credits a member has achieved over the period. On 31 March 2009 branch secretaries will send attendance registers together with details of the CET related activities to the General Secretary for processing. Please note - it is not the responsibility of the SAIV to record non- SAIV CET related activities that a member may have attended, this is the responsibility of the member.

Guidelines for the awarding of CET Credits by the SAIV for SAIV related activities:

• Monthly Workshop: 1 CET Credit.
• SAIV Seminars/Conferences: 1 CET Credit per completed instructional hour.

Members need to liaise with the SACPVP with regard to all other activities such as watching workshop/seminar/conference DVDs, reading property related publications, attending workshops/seminars/conferences presented by bodies other than the SAIV.

An issue has been raised regarding members attending a SAIV workshop/seminar/conference and purchasing the DVD made of the proceedings at the function and claiming double CET Credits. This is not acceptable. CET Credits are awarded for attending the workshop/seminar/conference OR purchasing, and watching, the DVD but not for both.

New downloads

Workshops for CET's 2009 to 2010 ( 137 KB )

Archive

CET Credits Request Form ( 27 KB)
Seminars and Workshops 01 April to 31 March 2008 ( 25 KB)
CET Form to be completed for SACPVP ( 17 KB)

Accredited educational institutions and prescribed or recognized examinations.

For further information, please contact the SACPVP - SA Council for the Property Valuers Profession:

Internet: http://www.sacpvp.co.za/
E-Mail: This e-mail address is being protected from spambots. You need JavaScript enabled to view it
Telephone: (012)348-8643/5
Fax: (012) 348-7528

University of Cape Town (UCT)

Commerce Property Valuation

View/download the UCT Course CPV Brochure (pdf) - 82 KB

View/download the UCT Course 2010 Programme (pdf) - 54 KB

There is a constant need to determine fixed property values - for the purposes of financing, reporting to shareholders, cost accounting, mergers, take-overs, sales and insurance.

A valuer is a professional trained to determine such values, execute feasibility studies and provide expert advice on property-related matters. As such, an independent valuer can provide impartial and motivated reports on the value of real or limited rights to land.

The valuer does not invent value, but interprets market forces which determine the value. Hence, the valuer requires a combination of a number of professional qualities and capabilities, and needs a thorough knowledge and understanding of the interacting influences which create, maintain or diminish the value of property or rights thereto.

In order to pursue this profession legally, a valuer must be registered with the South African Council For The Property Valuers Profession, a statutory body established in terms of the Property Valuers Profession Act, 2000 (Act Nr 23 of 2000).

The Council has laid down minimum examination and practical experience requirements. Registration as an associated valuer can only be achieved once a candidate has successfully completed the National Diploma in Real Estate (Property Valuation) or one of several recognised university degrees, together with a minimum of three years' practical experience.

Most valuers tend to specialise and do not undertake the full range of valuations. It is therefore vitally important for clients to select and appoint a registered valuer with the relevant practical experience required to undertake a specific valuation. The General Secretary or the local branches of the Institute can assist potential clients in this regard.

The names of all the members with their specialist fields and their contact information is available from the membership list.