Ethics Of Valuation
ETHICS OF VALUATION
Professionals, refrain from practices that harm the valuation expertise to the profession and society and Appraisers Association.
Experts should remain connected to principle of honesty while fulfilling the service users and people who have helped in the formation of opinion and relations with institutions in valuation process.
Expert should obey the privay rules while carrying out their responsibilities to users that benefit form the valuation service.
NEUTRALITY / INDEPENDENCE
Experts should deviate from the principle of impartiality developing the valuation work must indiscriminate against the user must supply any prejudice to the parties and must selflessly.
CONFLICT OF INTEREST
Experts should not give rise to conflicts of interest in fulfilling their mission.
The expert must fulfill their duties in accordance with the Professional Appraisal Practice Standards.
Experts, the knowledge necessary to perform their services must have qualifications and experience. Experts, however, should not be misleading about the qualifications and competence to be adopted suitable jobs.